Markets

Russia's oil output down to 11.24 million bpd on April 1-12

Average oil production in Russia last month was at 11.29 million bpd. The energy ministry did not immediately
Published April 13, 2020 Updated April 13, 2020 01:56pm
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  • Average oil production in Russia last month was at 11.29 million bpd.
  • The energy ministry did not immediately reply to a Reuters request for comment.

Average oil production in Russia last month was at 11.29 million bpd.

The energy ministry did not immediately reply to a Reuters request for comment.

Russia, the Organization of Petroleum Exporting Countries and some other nations have finalised a deal to take 10 million bpd off the market from May to help stabilise oil prices hit by low demand amid the coronavirus outbreak.