MOSCOW (Bloomberg) -- Russian oil output rose close to a post-Soviet era record last month, a sign the biggest source of revenue for President Vladimir Putin’s government has yet to be eroded by U.S. and European sanctions. The nation increased output 0.7% to 10.61 MMbpd, according to preliminary data from CDU-TEK, which is part of the Energy Ministry. The figure is within 0.3% of the post-Soviet high record in January and is for crude and condensates, a type of oil that yields a greater proportion of high-value fuels.
..»
Russian oil output nears record with sanctions yet to bite
![Russian oil output nears record with sanctions yet to bite]()
Reviewed by Crude Oil Brokers
on
12:22
Rating:
No comments:
Post a Comment