MOSCOW - Russia will cut oil exports by 300,000 barrels per day in September, Deputy Prime Minister Alexander Novak said on Thursday.

"Within the efforts to ensure the oil market remains balanced Russia will continue to voluntarily reduce its oil supply in the month of September, now by 300,000 barrels per day, by cutting its exports by that quantity to global markets," Novak said.

(Reporting by Olesya Astakhova; Writing by Alexander Marrow)