Russia Oil Production Declined in March, Interfax Report Signals
- Output was 46.57 million tons last month, news agency says
- Official data publication is delayed amid glitch: CDU-TEK
Photographer: Dmitry Beliakov/Bloomberg
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Russia’s oil production in March dropped for the first time in seven months, while remaining above the key threshold of 11 million barrels a day, a report from Interfax suggests.
The nation pumped 46.57 million tons of crude oil and condensate in March, the independent Russian news agency reported, citing an unidentified source familiar with industry data. That’s equivalent to 11.01 million barrels per day, a drop of 0.6% on February, Bloomberg calculations show.