Russia Boosts July Oil Production As OPEC+ Allies Pump More ...Middle East

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Russia Boosts July Oil Production As OPEC+ Allies Pump More
Russia saw its oil production rise for the first time in three months in July as OPEC+ continued to ease the production cuts and planned maintenance at some Russian oilfields ended. Russia’s crude oil and condensate production combined stood at around 10.46 million barrels per day (bpd) in July, up by 0.3 percent from June, according to Bloomberg estimates based on preliminary data from Russia’s Energy Ministry. In May and June, Russia’s crude and condensate production was lower despite the higher quota the leader of the non-OPEC…

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