Rosneft’s Russian Crude Output Drops to Lowest Since TNK-BP Deal

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OAO Rosneft’s Russian oil output has declined to the lowest level since the acquisition of TNK-BP made it the world’s largest traded oil producer last year.

OutputBloomberg Terminal fell 1 percent in August from a year earlier, and was down 0.2 percent from the previous month, to 16.16 million metric tons, or 3.82 million barrels a day, according to the Energy Ministry’s CDU-TEK statistics unit.