MOSCOW (Reuters) - Russia’s average oil production was down to 11.24 million barrels per day (bpd) on April 1-12, an oil industry source told Reuters on Monday.
Average oil production in Russia last month was at 11.29 million bpd. <O/RUS1> The energy ministry did not immediately reply to a Reuters request for comment.
Russia, the Organization of Petroleum Exporting Countries and some other nations have finalised a deal to take 10 million bpd off the market from May to help stabilise oil prices hit by low demand amid the coronavirus outbreak.
Reporting by Olesya Astakhova; Writing by Katya Golubkova; Editing by Mark Potter