5/2, 9:09 AM (Source: TeleTrader)
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Russia boosts oil output by 10.46M bpd in April

The Russian Energy Ministry said on Sunday that the country increased its oil production in April by 10.46 million barrels per day from March.

The world's largest country's output in April amounted to 42.81 million tons of crude and condensate.

The rise in oil production comes after Russia reached a deal with OPEC to start hiking output. From May, the whole OPEC+ agreed to gradually start raising production.

Breaking the News / NP