Russian oil output highest in 30 years… Reuters

April 4, 2016 by Jim Colburn Leave a Comment

Here is Reuters:

“Russia’s oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow’s commitment to freeze output ahead of a producers’ meeting in Doha later in April.”

“Russian Energy Minister Alexander Novak said the March production would not be an obstacle to the expected agreement on a production freeze, local news agencies reported.”

Hmm… well… I know what you are thinking… and, yes, of course we could see prices plummet on an agreement!

Here is the link:

http://mobile.reuters.com/article/GCA-Commodities/idUSKCN0WZ0CV?il=0

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