Reuters: Russia's March oil output down to 11.01 million bpd, analysts warn of further declines
(Reuters) - Russian output of oil and gas condensate fell to 11.01 million barrels per day (bpd) in March from 11.06 million bpd in February, according to Reuters calculations based on an Interfax report on Monday that cited an unnamed source.
A Russian analytical unit affiliated with the Energy Ministry did not publish monthly oil and gas output data on April 2, according to two clients, the first delay in years amid reports of a production decline.
Russia's oil and gas condensate production was 46.57 million tonnes in March, Interfax news agency said, compared with 42.23 million tonnes in February, which was three days shorter.
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Update #1: Russia says it received $3.6 billion less than it forecast from March oil and gas sales, suggesting the Ukraine war and Western sanctions hit exports (Insider)
Update #2: Russia Oil Production Declined in March, Interfax Report Signals (Bloomberg)
WNU Editor: It looks like April's production numbers are gong to be even lower than the numbers from March .... Russian oil refiners signal deeper cuts to refinery runs amid overstocking (Reuters).
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