2018-11-12
Russia's average daily oil production was 11.39 million barrels per day (bpd) from November 1 to 11, a source familiar with Russian Energy Ministry data told Reuters on Monday.
 
Saudi Energy Minister Khalid al-Faleh said on Monday that OPEC and its allies agreed that technical analysis showed the need to cut next year's oil supply by about 1 million bpd compared to the October levels in order to balance the market.
 
The Russian Energy Ministry has yet to respond to Reuters's request for comment