Russia was in compliance with its OPEC+ oil production cut obligations as of the end of August, Deputy Prime Minister Alexander Novak told Interfax. “We should have been complying. At least, data to that effect were available at the end of the month,” Novak said. During the previous month, Russia exceeded its OPEC+ quota by 67,000 bpd, the publication noted in its report, with the government attributing the excess output “to one-off problems with the supply schedule, while the levels in August and September should make amends…
