OPEC raised forecasts for oil production in Russia in 2016 whith 12.000 barrels per day to 11.05 million barrels

Market news

11 November 2016

OPEC raised forecasts for oil production in Russia in 2016 whith 12.000 barrels per day to 11.05 million barrels

Production growth compared to 2015 expected to reach 200 thousand barrels per day.

According to OPEC, oil production in Russia in October increased by 90 thousand barrels per day to 10.59 million barrels. The export of oil in October was unchanged compared with September.

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