Putin says Russia’s legal framework changes too quicklyRussian Politics & Diplomacy December 06, 15:10
Syrian authorities rule out ceasefire if militants refuse to leave Aleppo — ministryWorld December 06, 14:55
Turkish PM praises Moscow, Ankara efforts in fight against terrorismWorld December 06, 14:36
Stoltenberg wants NATO relations with Russia to be 'frank and open'World December 06, 14:28
Russian doctor injured in Aleppo hospital attack is in stable conditionWorld December 06, 14:08
Lavrov explains causes of refugee crisis in EuropeRussian Politics & Diplomacy December 06, 14:04
Russia’s top diplomat says ECHR decisions should not be politicizedRussian Politics & Diplomacy December 06, 14:02
Russia’s large anti-submarine warfare ship enters English ChannelMilitary & Defense December 06, 13:42
Lavrov invites those concerned over human rights situation on peninsula to visit CrimeaRussian Politics & Diplomacy December 06, 13:38
VIENNA, January 18. /TASS/. The Organization of Petroleum-Exporting Countries (OPEC) expects Russia’s oil supply to decline by 50,000 barrels/day to average 10.74 mln barrels/day in 2016 year-on-year, revising its forecast by 10,000 barrels /day from the previous the Monthly Oil Market Report. That is according to the OPEC Monthly report released on Monday.
According to the report, in December 2015, Russian output rose month-on-month to a record high due to start of Novatek’s first big crude field, the 70 tb/d Yarudeiskoye field, which supported the rise.
Nevertheless in 2016 OPEC experts expect a slowdown in Russia’s oil output due to sanctions, low oil prices and due to the fact that no new projects are to be launched.