Russia will cut oil production by extra 500,000 bpd in Aug - Novak's office
MOSCOW, July 3 (Reuters) - Russia will cut oil production by an extra 500,000 barrels per day (bpd) in August, on top of the same amount it had pledged to reduce from March until year-end, the office of Deputy Prime Minister Alexander Novak said on Monday.
Novak earlier said Russia would cut oil exports by 500,000 bpd next month.
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(Reporting by Vladimir Soldatkin and Olesya Astakhova; Editing by Kevin Liffey)