Russian oil output down in January, misses global deal target

03 February 2019, Moscow — Russian oil output declined to 11.38 million barrels per day (bpd) in January, or by around 35,000 bpd from the October 2018 level, the baseline for the global oil accord, missing the deal’s target, Energy Ministry data showed on Saturday. This was down from 11.45 million bpd in December, a … More »