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Reuters quoted a source familiar with the data, as saying that the Russian oil production stood at 11.054 million barrels per day (bpd) on June 1-26.

Earlier today, it was reported that the Russian Energy Minister Alexander Novak met the US Treasury Secretary Steven Mnuchin and discussed the energy issues and the US sanctions on Russia.

Novak said in a press briefing in Washington, “We met. We discussed energy issues, among other things. We touched upon questions related to sanctions. We can’t sidestep these difficult questions, so of course we touched upon them during our contact.”