05-08-2025
Russia's Crude Output Was Slightly Above OPEC+ Target in July
Russia's oil data show its crude output was slightly above the nation's OPEC+ target in July, according to people familiar with the matter.
Crude production rose to 9.13 million barrels a day last month, the people said, asking not to be identified as the information isn't public. That's about 27,000 barrels a day above the required level for the month, including compensation cuts, and the second time this year that output slightly exceeded the nation's target, Bloomberg calculations show.
