* Daily output growth in January at 1.7%-1.9% * Uncertainty remains on output growth pace through 2016 * Authorities ‘can regulate production volume’ A preliminary agreement between Russia and three OPEC countries on a possible crude production freeze at January levels implies Russian output could grow by between 1.7% and 1.9% year on year, deputy energy minister Kirill Molodtsov said Thursday. “As of mid-January, there was an annual increase of around 1.7% to 1.9% on the year in daily crude production,” Molodtsov told reporters. In an effort to stabilize global markets, non-OPEC Russian and OPEC members Saudi Arabia, Venezuela and Qatar agreed in Doha on Tuesday to freeze their output at January levels, if other major oil producers also join the initiative. Article continues below… Exchanging value in the oil markets We would like to offer you a free one week subscription to one of the following reports: Molodtsov […]