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OPEC+ nations cut output by 20,000 bpd in August to 35.99 mbd — IEA

However, the OPEC+ deal’s parameters do not take into account voluntary cuts in production, which some OPEC+ members, including Russia, will stick to by the end of 2024

MOSCOW, September 13. /TASS/. OPEC+ member states reduced oil production slightly in August by 20,000 barrels per day to 35.99 mln barrels per day, according to the International Energy Agency’s (IEA) report.

Saudi Arabia cut output by 100,000 barrels per day to 8.98 mln barrels per day. Russia kept production at July level of 9.48 mln barrels per day, while Iraq’s output rose by 50,000 barrels per day to 4.32 mln barrels per day.

The targeted level of output by OPEC+ nations within the deal for August stood at 39.57 mln barrels per day, while real production by those countries amounted to 35.99 mln barrels per day, which brings them 3.59 mln barrels per day behind schedule.

However, the OPEC+ deal’s parameters do not take into account voluntary cuts in production, which some OPEC+ members, including Russia, will stick to by the end of 2024. Total reduction volume equals 1.66 mln barrels per day.

Moreover, Saudi Arabia additionally slashes production by another 1 mln barrels per day from July until the end of the year. Russia cuts oil supplies to global markets by 300,000 barrels per day from September until the end of the year, while in August deliveries were reduced by 500,000 barrels per day.

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Anti-Russian sanctions

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US base in Syria’s Dei ez-Zor governorate comes under missile attack — TV

No further details were provided

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Russia rejects Korean scenario for freezing Ukraine conflict — foreign intel chief

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Ukraine launches second strike on Novaya Kakhovka after emergency services arrive

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Defense contractor delivers new batch of Su-34 bombers to Russia’s Aerospace Forces

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No int’l restrictions on deployment of Oreshnik systems — senior Russian diplomat

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"When we have more to provide, we will," Deputy Press Secretary Sabrina Singh said

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India to buy 77,000 tons of coal in Mongolia — Reuters

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Kremlin explains why Oreshnik missile came as surprise

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West beginning to realize only part of Ukraine will remain — Lavrov

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Ukrainian forces attempt to assassinate Novaya Kakhovka head, his deputy with drones

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Russian forces entrap Ukrainian troops near Svatovo in LPR — military expert

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FACTBOX: Overview of Ukraine's ATACMS strikes on Kursk Region

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Russian Agriculture Ministry weighs idea of growing bananas domestically

Oksana Lut highlighted the export potential of agricultural products, given that certain parts of the world do not have a climate conducive to growing things

Russian military engaged in tough battles with Ukrainians in Kharkov Region — official

"Our forces continue their coordinated efforts to liberate the Kharkov Region from the enemy," Vitaly Ganchev said

NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

Austria ready to host Ukraine talks — chancellor

According to reports, US president-elect Donald Trump mentioned Nehammer's meeting with Russian President Vladimir Putin, which took place shortly after the start of the special military operation in Ukraine

NATO disregards all etiquette in discussing possible preemptive strikes on Russia — Lavrov

NATO Military Committee Chairman Rob Bauer earlier called for producing more weapons for precision strikes inside Russia in case a conflict broke out

Ukraine is a failed state, Russian foreign intelligence chief says

Sergey Naryshkin stressed that Moldova is "following in its footsteps"