Home Sources: Russian oil output in early May drops to 11.16 million bpd – Reuters

Sources: Russian oil output in early May drops to 11.16 million bpd – Reuters

Updated: 13 May. 2019 | 11:32

Reuters quotes two industry sources familiar with data, citing that Russian oil production has fallen to 11.16 million barrels per day (bpd) on May 1-12 from an average of 11.23 million bpd in April.

The sources said that oil intake by Russian oil pipeline monopoly Transneft declined by around 6% on May 1-12 to 8.8 million bpd from average volumes in April.

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