Russia Says It Is Boosting Oil Production

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Russia has raised its oil production close to the ceiling in the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak said on Wednesday.  “Production is growing... Just as we are unable to decrease it quickly, we are increasing it steadily. We will fulfil our quota,” Russian news agency Interfax quoted Novak as saying.  Russia’s oil production in August was about 90,000 barrels per day (bpd) below its OPEC+ quota.   Russia’s oil production averaged 9.173 million bpd in August, compared to the 9.259…