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Thursday, 26 October 2017

Russia to increase oil production by 4million tonnes in 2018

Russia to increase oil production by 4million tonnes in 2018

OpeOluwani Akintayo 27 October 2017, Sweetcrude, Lagos – Russia’s Energy Minister, Alexander Novak has said the country will boost crude oil output by 3.5-4.0 million tonnes in 2018 if a global deal between the Organisation of the Petroleum Exporting Countries, OPEC and non-OPEC producers to reduce production is not extended. OPEC/Non-OPEC producers agreed to reduce …

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