Wednesday 3 June 2015

Saudi Arabia Russia OPEC oil output - Business Insider

Saudi Arabia Russia OPEC oil output - Business Insider:



"Saudi Arabia-led OPEC might have changed the game, but it doesn't mean everyone's declared them the de facto winner.



On Tuesday, the Energy Ministry data showed that Russia's oil output was at 10.71 million barrels per day for the month of August, an increase of 1.6% from a year earlier, according to figures cited by Reuters.



This number has been hovering around the post-Soviet high of January's 10.713 million barrels, and comes just days ahead of OPEC's meeting in Vienna this Friday."



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