Russia's oil output down to 11.24mln bpd on April 1-12: source

Drilling crew members move a pipe while working at an oil rig in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 11, 2019.
Reuters Images/Vasily Fedosenko

Average oil production in Russia last month was at 11.29 million bpd.

Olesya Astakhova, Reuters News

April 13, 2020

PHOTO
Drilling crew members move a pipe while working at an oil rig in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 11, 2019.

MOSCOW- 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. 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) ((ekaterina.golubkova@thomsonreuters.com; +7 495 775 1242;))