Russian oil production in December stood unchanged at 11.21 million barrels per day (bpd), flat month on month and at its highest in almost 30 years, energy ministry data showed on Monday. In 2016 in total, output reached 10.96 million bpd, up from 10.72 million in 2015. Source: Reuters
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Sen. Bob Corker (R-Tenn.) said he excepts to see the text of the Senate bill to repeal and replace ObamaCare on Thursday as Senate Republicans eye a vote on the legislation next week. “I am going to vote for this bill or vote against this bill determined based on how it affects people in Tennessee and actually how it affects our nation. And my understanding is I’m going to see it on Thursday,” Corker told MSNBC. Source The Hill
A NATO F-16 fighter jet has tried to approach the Russian defense minister’s plane above the neutral waters of the Baltic Sea. The plane was warded off by a Russian Su-27 escorting the minister’s aircraft, according to journalists who were on board. Source RT
The U.S. current account deficit widened slightly in the first quarter, as the country imported more crude oil, car parts and supplies for its factories. The current account deficit for the fourth quarter was revised up to $114.0 billion from the previously reported $112.4 billion. Source Reuters