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OPEC increases forecast for oil production in Russia to 10.75 mln barrels per day in 2015

October 12, 2015, 16:41 UTC+3 VIENNA
According to the previous forecast, oil production in Russia in 2015 was put at 10.72 mln barrels per day
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© TASS/Egor Aleev

VIENNA, October 12. /TASS/. OPEC has once again increased its forecast for oil production in Russia to 10.75 mln barrels per day in 2015, according to the OPEC October oil market report, published Monday.

According to the previous forecast, oil production in Russia in 2015 was put at 10.72 mln barrels per day.

At the same time the forecast for oil production in 2016 increased significantly - up to 10.69 mln barrels per day against 10.61 mln barrels per day in the September report.

The outlook revision is associated with a record growth of oil production in Russia in September - by 60,000 barrels per day to 10.83 mln barrels per day.

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