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Markets

Russia Feb oil output down to 10.58mn bpd

Published March 2, 2014 Updated March 2, 2014 08:29am

imageMOSCOW: Russian oil production fell to 10.58 million barrels per day in February from 10.62 million barrels per day a month earlier, Energy Ministry data showed on Sunday.

In tonnes, Russian oil output reached 40.407 million in February, versus 44.903 million in January. Russian gas production in February was at 57.780 billion cubic metres, or 2.06 billion cubic metres per day, versus 2.12 billion cubic metres in January.

Saudi Arabia, the world's second-largest oil producer after Russia, saw output at 9.65 million barrels per day in February, according to a Reuters survey.

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