Russia will lower oil output in September: Novak

Russian oil output this month will be lower than it was in August, Energy Minister Alexander Novak said on Wednesday.

Speaking at an economic forum in Russia’s Far East, Novak also told reporters that the energy ministry was discussing the aftermath of a major oil contamination with oil giant Rosneft and pipeline monopoly Transneft (TRNF_p.MM).

Source: News Agencies