Russia Increases Oil Production to 10.19 mmbbl/d in January

Russia Increases Oil Production to 10.19 mmbbl/d in January

Russia has increased its oil production by 150,000 barrels per day (bbl/d) to reach 10.19 million barrels per day (mmbl/d) during the fist half of January after easing the output curbs by the global producers, sources told Reuters.

In December, the oil and gas condensate production reached 10.04 mmbbl/d on average, according to official data. Additionally, Russia would raise its production by 125,000 bbl/d in January and by another 65,000 bbl/d starting from February.

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