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Russian June Crude Output Fell to 9.5mbpd, Mostly in Line with Cuts: OPEC MOMR

OIL

Russian crude output fell by 100kbpd to 9.5mbpd in June, compared with the February baseline for the pledged 500kbpd cuts of 9.949mbpd according to the OPEC Monthly Oil Market Report.

  • Russian total liquids production fell to an average of 10.8mbpd in June. Liquids output is expected to fall by 0.65mbpd to an average of 10.4mbpd this year.

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