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Russia Moves Closer to OPEC+ Production Target in June

OIL

Russian produced moved closer to meeting OPEC+ targets in June according to Bloomberg Energy Ministry sources.

  • Russia produced 9.078 million barrels a day of crude last month - around 100,000 bpd above its OPEC+ target but a narrower gap than prior months.
  • Russia has changed the way it reports it production making its compliance levels hard to gauge.




Source: Bloomberg

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