Russia is considering raising its oil production this year, and a level of 540 million tonnes of crude is “quite realistic”, Russian Deputy Energy Minister Kirill Molodtsov told reporters on Tuesday.
Russia produced 534 million tonnes of oil last year.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.