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Russia lowered oil production in May by 9,000 bpd — OPEC
According to the report, Russia’s oil production was below the OPEC+ target with compensations and voluntary cuts taken into account by 690,000 bpd
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Timeline cronologica
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Russia lowered oil production in May by 9,000 bpd — OPEC
According to the report, Russia’s oil production was below the OPEC+ target with compensations and voluntary cuts taken into account by 690,000 bpd
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OPEC+ May oil output falls 8.241 mln bpd below target, including voluntary cuts
Accounting for all voluntary restrictions and compensation schedules set for May, OPEC+ countries were expected to pump 34.559 million bpd
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OPEC+ 'seven' oil output falls 7.646 mln bpd below target in May
The planned production level was set at 29.363 million bpd, while actual output stood at 21.717 million bpd