Russian daily oil production down in July

MOSCOW: Russian oil output stood at 10.39 million barrels per day (bpd) in July, down from 10.55 million bpd in June, Energy Ministry data showed on Saturday.

In tonnes, oil output reached 43.948 million versus 43.161 million in June.

Gas production was at 42.68 billion cubic metres (bcm) last month, or 1.38 bcm a day, versus 46.44 bcm in June.

State-controlled gas producer Gazprom produced 26.72 bcm, or 862 mcm per day, in July.