OPEC improves outlook on oil production in Russia

OPEC provides more optimistic outlook regarding the rate of contraction of the economy in Russia in 2015. Reduction of GDP will make up 2.8% in 2015 instead of predicted 3%, they say in the company.

In 2015 Russia will produce by 40 thousand barrels more oil a day, than they previously predicted, the experts of OPEC state. The daily production of oil does not differ much compared to 2014. In 2015, Russia will daily produce by 10 thousand barrels more. The daily production may reach 10.68 million barrels this year.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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