Source: Russia's oil production rebounds to 11.099 million b / d on July 1 and 25

MOSCOW (Reuters) – Oil production in Russia increased an average of 11.099 million barrels per day (bpd) from July 1 to 25, compared with 11.05 million barrels a day between July 1 and July 1, according to reports. to Reuters two sources close to the oil sector. The twenty-first of the same month.

This figure is still below the average of 11.15 million bpd in June, down from the level agreed by Russia in the context of a global production reduction agreement, under which Russia has Is committed to reducing production by 22.4,000 bpd from 11.41 million bpd pumped in October. October 2018.

Russian oil production fell to a three-year low in early July, near the lowest level since the beginning of July. It was undermined by a conflict between the Russian oil monopoly Transft and Russia's largest crude oil producer, Rosneft.

The Russian Ministry of Energy has not yet responded to Reuters' request for comments on production data.

(Reuters)