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Russian oil output up 1.7% month on month in May so far, Interfax reports -Breaking

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© Reuters. FILEPHOTO: This view shows railway freight cars including oil tanks at Omsk in Russia, May 1, 2020. REUTERS

(Reuters) – Russian oil-and gas condensate output average has increased by approximately 1.7% month over month, to 1.4million tonnes per day (10.25million barrels per daily) in May’s first half, Interfax news agency reported Monday, citing a source.

The report also stated that Russian oil exports to the exclusion of the Soviet Union via Transneft have fallen from the average April 4.1% to 608,600 per daily (4.46 billion barrels per days)

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