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Russia kept July oil production at June level, compliance with OPEC+ close to June level
#Russia keept July oil production at June level, Russia's July compliance with OPEC+ close to June level -
— Giovanni Staunovo (@staunovo) August 2, 2020
statement from energy ministry #oott
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Russia’s oil exports down by 25% in July, to 17.22 million tonnes
Russia’s oil exports stood at 17.22 million tonnes in July 2020, or down by 25.2% on the previous year, as follows from a report of the Central Dispatching Department of Fuel Energy Complex released on Sunday. Since the year beginning, oil exports went down by 8.8%, to 140.2 million tonnes. Russia takes part in the OPEC+ oil production cuts deal effective since May 2020. Under the deal, Russia is cutting its oil output by about 19% on February 2020. Exports to former Soviet republics went up by 1.6% in July, to 1.49 million tonnes, but dropped by 37.4% on the year, to 6.1 million tonnes. Oil exports to other ... (full story)