Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said on Thursday, after output had dropped to nearly three-year lows in the first days of July. Lower output from Russia’s largest oil producer Rosneft resulted in total Russian production falling to a near three-year low in early July, Reuters reported last week, citing industry sources. Russia’s oil production in the first days of July averaged 10.79 million bpd,…
