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Russia Keeping Oil Output Cuts at 300,000 Barrels per Day for 22 Days - Minister

Sputnik International

Energy Minister said that Russia has maintained its daily oil production cuts at 300,000 barrels for 22 days in line with the Vienna agreement on crude output... 22.05.2017, Sputnik International

2017-05-22T14:32+0000

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Russia Keeping Oil Output Cuts at 300,000 Barrels per Day for 22 Days - Minister

14:32 GMT 22.05.2017 (Updated: 14:35 GMT 22.05.2017)

© REUTERS / Sergei Karpukhin/File PhotoA worker checks the valve of an oil pipe at an oil field owned by Russian state-owned oil producer Bashneft near the village of Nikolo-Berezovka, northwest of Ufa, Bashkortostan, Russia January 28, 2015.

A worker checks the valve of an oil pipe at an oil field owned by Russian state-owned oil producer Bashneft near the village of Nikolo-Berezovka, northwest of Ufa, Bashkortostan, Russia January 28, 2015. - Sputnik International

Energy Minister said that Russia has maintained its daily oil production cuts at 300,000 barrels for 22 days in line with the Vienna agreement on crude output reaction.

A worker at an oil field owned by Bashneft, Bashkortostan, Russia. (File) - Sputnik International

Russia's Tatneft Oil Giant Ready to Further Reduce Oil Output Under OPEC Deal

15 May 2017, 13:51 GMT

MOSCOW (Sputnik) – Russia has maintained its daily oil production cuts at 300,000 barrels for 22 days in line with the Vienna agreement on crude output reaction, Russian Energy Minister Alexander Novak said Monday.

"We have exactly 300,000. This is for the end of April, and today in May we have been maintaining —300,000 for 22 days. Russia is meeting its obligations," he said.

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