Rosneft cuts production by 19 percent 

Russian oil giant Rosneft produced 3.7 million barrels of oil in the first quarter of 2021, down 19.2 percent from the previous year.

Press Service of the company told Interfax that the reduction is because of the fulfillment of obligation within the OPEC+ agreement.

The figure is 5.9% less than the fourth quarter of 2020.