TASS11.06.2026Business1 dk okumaRussia
Russia's Oil Production Below OPEC+ Target in May
Auf einen Blick
- Russia's oil production in May was 9,000 bpd lower than April, reaching 9.009 million bpd.
- This output was 690,000 bpd below its OPEC+ target, considering voluntary cuts.
KI-generierte Zusammenfassung
Warum es wichtig ist
Russia is a key member of the OPEC+ group, which coordinates oil production levels among major producing nations to influence global prices. The group has implemented various targets and voluntary cuts to manage supply.
Schriftgröße
MOSCOW, June 11. /TASS/. Russia lowered oil production in May by 9,000 barrels per day (bpd) against April 2026 to 9.009 mln bpd, the OPEC said in its report.
Russia’s oil production was below the OPEC+ target with compensations and voluntary cuts taken into account by 690,000 bpd.
Russia was to lift 9.699 mln bpd in May subject to all voluntary constraints. No compensation of surplus production was required. Actual oil production turned out to be 690,000 bpd below the established target.
Offene Fragen
- What are the specific reasons for Russia's production being below target?
- How will this production level affect Russia's export revenues?
- What is the expected impact on global oil prices?
- Will Russia maintain this production level in the coming months?
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This article was originally published by TASS.
