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MarketScreener Homepage  >  Commodities  >  London Brent Oil    XBNT   XX00000BRENT

LONDON BRENT OIL

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Russia says oil output in July unchanged from June levels, in line with OPEC+ deal

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08/02/2020 | 12:34pm EDT
FILE PHOTO: A well head and drilling rig in the Yarakta oilfield in Russia

Russia's Energy Ministry said on Sunday that the country's oil output in July was unchanged from levels seen in June, in line with an OPEC+ agreement.

Oil output cuts, agreed between the Organization of the Petroleum Exporting Countries (OPEC) and other major producers including Russia, a group known as OPEC+, are due to be eased in August.

(Reporting by Vladimir Soldatkin; Writing by Gabrielle Tétrault-Farber; Editing by Giles Elgood)

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