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Russia's oil production hits a post-Soviet record in August, rising 0.4% to 10.38M bpd and...
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Sunday, September 2, 2012, 5:06 AM ETRussia's oil production hits a post-Soviet record in August, rising 0.4% to 10.38M bpd and maintaining the country's status as the world's leading oil producer. The increase helps make up for the loss of Iranian crude due to international sanctions and comes as prices gush higher.
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Can't wait to see what happens when all the Iranian oil piling up in tankers and elsewhere comes back onto the market...