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Russia increased oil production by 10,000 bpd in November — OPEC

Russia was to produce 9.532 mln bpd with consideration of all the voluntary cuts and compensation obligations but its production turned out to be 165,000 bpd below the target

MOSCOW, December 11. /TASS/. Russia increased oil production by 10,000 barrels per day (bpd) to 9.367 mln bpd and was below the OPEC target, according to data presented in the OPEC report.

Russia was to produce 9.532 mln bpd with consideration of all the voluntary cuts and compensation obligations but its production turned out to be 165,000 bpd below the target.

Russian oil production is currently limited by the OPEC+ deal.

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