Russian Energy Minister Alexander Novak said on Friday, “average crude oil output is seen at 9.8 million barrels per day (bpd) in October.”
“Gas production in Russia running at maximum capacity.”
“Spot gas sales could resume once filling of Russian gas storages is completed.”
WTI is consolidating around the $81.50 mark, up 0.85% on the day, having reached fresh multi-year highs at $81.75 earlier on.