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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. FILE PHOTO – View of railroad freight cars and oil tanks in Omsk (Russia), May 1, 2020. REUTERS

(Reuters) – Russian oil condensate production average increased by 1.7% in March to 1.4 Million tonnes per month (10.25 billion barrels/day) during the first half May, Interfax news agency reported, citing a source.

According to it, Russian oil exports from Russia exclude the Soviet Union via Transneft decreased by 4.1% to 608,600 daily (4.4 million barrels) over April. This is a decrease of 4.1% from the previous average (4.46million barrels/day).

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