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Russia second to Saudi Arabia by average daily oil production in June

Saudi Arabia was producing 10.3 mln barrels of oil per day in June while Russia's production stood at 10.1 mln barrels of oil daily

© Egor Aleev/TASS

MOSCOW, August 25. /TASS/. Russia was producing 10.1 mln barrels of oil daily in June 2016 and was second to Saudi Arabia, the state statistics service Rosstat reported on Thursday.

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Saudi Arabia was producing 10.3 mln barrels of oil per day in June. Total daily production of OPEC nations was 32.9 mln in June.

Russia boosted its oil exports by 6% year-on-year in the first half of 2016 to 127.8 mln tonnes, Rosstat said. The specific share of oil export amounted to 25.4% in the total volume of Russian exports in the first half of 2016 and to 43.2% in the export of fuel and energy commodities (versus 26.5% and 40.7% in the first half of 2015, respectively).

The average actual export price of oil increased by 6.8% to $309.6 per ton in June 2016. The price for Urals crude oil rose on the global market by 4.1% to $339.4 per tonne in the reporting period.

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Price of gold futures on Comex exceeds $2,700 per troy ounce first since November 8

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Trump nominates Pam Bondi for US attorney general

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Moscow hopes West will thoroughly analyze Russia's nuclear doctrine — ambassador

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Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

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Russian envoy calls for thorough IAEA checks of Ukraine amid declared nuclear ambitions

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Lukashenko tells Putin situation is "starting to get tense with Wagner"

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Humanitarian crisis in Kiev-controlled Kupyansk district of Kharkov Region near critical

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NATO deployment to Ukraine would mark its entry into the war, Russian diplomat warns

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US vote at UNSC rejected chance of stopping 'horrific bloodshed' in Gaza, Russian MFA says

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Russia hit Ukrainian military-industrial facility in response to use of Western missiles

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Zelensky to have no input if Russia, US negotiate, ex-Prime Minister says

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US Congressman urges to impeach Biden for allowing strikes deep into Russia

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Final test launch of Russia's new RS-26 Rubezh ballistic missile successful — designer

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Iran begins installation of three new generations of centrifuges to enrich uranium — TV

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Oreshnik test aims to persuade West to avoid escalation in Ukraine — media

According to the report, the use of Oreshnik has become "part of a new era of missile warfare"

Russian forces successfully advancing in all areas in special military op zone — Putin

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Press review: Uranium costs soar as Moscow updates nuclear doctrine and US OKs attacks

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West launched missiles targeting Russia’s Bryansk, Kursk Regions — Putin

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