Date: 7 months ago   Category: Energy

The OPEC has lowered the medium-term forecast for oil production in Russia — Rambler News Service


Photo: Pyotr of Kovalyov/TASS of OPEC has lowered the forecast for oil production in Russia for the medium-term period, follows from the annual review of the World Oil Outlook 2018 organization. The OPEC expects that oil production in Russia in 2019-2023 will make 11,2 million barrels a day. Oil production in Russia in the current year will make 11,1 million barrels a day, the OPEC notes. In the last year's review the organization predicted oil production in Russia at the level of 11 million barrels a day in 2018, 11,2 million barrels a day in 2019, 11,4 million barrels a day in 2020 and 11,3 million barrels a day in 2021-2022.

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