Economy

Novak: Russia's Oil Production Currently Approaching 9.5 Million Barrels Per Day

Novak: Russia's Oil Production Currently Approaching 9.5 Million Barrels Per Day

Russian Deputy Prime Minister Alexander Novak announced today, Wednesday, that Russia's oil production currently approaches 9.5 million barrels per day, and it is expected that production of oil and gas condensates will range between 520 and 530 million tons in 2024. The Kremlin's energy official stated during a visit to Iran that he sees a balance between supply and demand in global oil markets.

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