Russia’s largest oil company, Rosneft, has started domestic crude oil deliveries from one of the country’s biggest oilfields, the Russkoye field in the Arctic, just days before Russia and OPEC are set to sit down to discuss their ongoing production cuts, increasing the leverage of the non-OPEC powerhouse. First oil from the field in the Yamal Peninsula has been sent via an oil pipeline, Rosneft said in a statement, adding that it hopes to deliver up 10 million tons of oil per year, or 200,000 bpd , from the field. Rosneft has delayed the launch of the field due to Russia’s commitment to restrict oil production as part of the pact with OPEC to rebalance the market. The start-up of the oilfield in the Arctic comes just a week before Russia and OPEC are scheduled to meet in Vienna next week to discuss how the OPEC+ group should proceed […]