OPEC + document: Russian oil production increased by month in month in May

An OPEC + group document, seen by Reuters and citing secondary sources, showed today, Thursday, that Russian crude oil production rose to 9.273 million barrels per day in May from 9.159 million in April.

Total production by members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, including Russia, which is the cartel known as OPEC +, fell by 2.695 million barrels from expected levels in May, after being lower. of 2.595 million barrels per day in April.

OPEC + continued to produce less than its quota. The overall compliance rate with the agreed production cuts was 256% in May, up from 220% the previous month.

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