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Russian oil output in early May falls to 11.16 mln bpd -sources

Russian oil production has fallen to 11.16 million barrels per day (bpd) on May 1-12 from an average of 11.23 million bpd in April, two industry sources familiar with the data told Reuters.

Oil intake by Russian oil pipeline monopoly Transneft declined by around 6% on May 1-12 to 8.8 million bpd from average volumes in April, the sources said. The sources did not say why production and intake were down.

The energy ministry did not immediately reply to a Reuters request for comment.
Source: Reuters (Reporting by Gleb Gorodyankin and Olesya Astakhova; writing by Vladimir Soldatkin; editing by Katya Golubkova and Jason Neely)

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