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April Oil Output Decrease Averages 258,600 Bpd - Russian Energy Ministry

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Russian Energy Ministry said that average oil production in April has decreased by 258,600 barrels per day (bpd) in Russia and constituted 300,790 bpd as of May 1.

Oil Pump Jack - Sputnik International
Russia
Russia Cuts 300,000 Bpd of Oil Output as Part of Vienna Agreement - Minister
MOSCOW (Sputnik) Average oil production in April has decreased by 258,600 barrels per day (bpd) in Russia and constituted 300,790 bpd as of May 1, the Russian Energy Ministry said Wednesday.

"The average decline in production in April was 258,600 barrels per day. This level implies a decrease of 58,600 barrels faster than the original plan," a ministry official told reporters.

She said the output decrease totaled 300,790 bpd against an October threshold.

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