5 May 2019 Russia's oil output will be cut by another 1 million barrels per day over the next week after its oil exports were restricted due to contamination 

2 Jul 2019 OPEC members have reached an agreement with other major oil producing nations, including Russia, to extend production cuts into next year  2 Jan 2019 Russia produced 11.16 million barrels of oil per day in 2018, data from the ministry of energy showed, as it breached the average 11 mbpd per  23 Sep 2019 According to Interfax news agency, Russian Energy Minister Alexander Novak today said that Russia is planning to cut its September oil output  1 Sep 2019 Russian oil production in August rose to 11.294 million barrels per day (bpd), topping the rate Moscow has pledged to cap output at under a  5 May 2019 Russia's oil output will be cut by another 1 million barrels per day over the next week after its oil exports were restricted due to contamination  Crude Oil Production in Russia averaged 8458.83 BBL/D/1K from 1992 until 2019, reaching an all time high of 11051 BBL/D/1K in December of 2018 and a record low of 5707 BBL/D/1K in May of 1998. The OPEC+ union, forged by Russia and Saudi Arabia in 2016 to support oil prices, collapsed last week when Novak refused to be strong-armed by the Saudis into accepting additional output cuts of 1

8 Feb 2020 2019 was a record year for oil production in Russia, according to its statistic agency - DRILLING & PRODUCTION, OPEC, OPEC+.

The deal could take total production cuts by the Opec+ group — which includes Russia and other producers outside the cartel — to 3.6m barrels a day, or almost 4 per cent of world demand, and Russia is rife with oil, and its economy is heavily dependent on the resource. By the end of last year, Russian oil production was at an all-time high, at 11.16 million barrels a day, according to Reuters. In 2017, gas made up 59% of Russia's exports and 25% of its total revenue, according to the World Bank. Russia produced an average of 10.83 million barrels (1,722,000 m 3) of oil per day in December 2015. It produces 12% of the world's oil and has a similar share of global oil exports. In June 2006, Russian crude oil and condensate production reached the post-Soviet maximum of 9.7 million barrels (1,540,000 m 3) per day. Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. The top three producers have in recent history been (alphabetically) Russia, Saudi Arabia, and the United States. Crude oil Data Production (including gas condensate) Crude oil supply to domestic oil refineries Primary crude oil processing by domestic refineries Export Production (including gas condensate) Russia exported 77.6 million tonnes of oil to China in 2019, more than the previous year but second to Saudi Arabia. OPEC and Russia in December agreed to cut production by 500,000 barrels per day in 2020, lowering output from October 2018 levels by 1.7 million barrels per day.

3 Mar 2020 MOSCOW: Russian oil output stood at 11.29 million barrels per day (bpd) in February, slightly up from 11.28 million bpd in January, Interfax 

8 Feb 2020 2019 was a record year for oil production in Russia, according to its statistic agency - DRILLING & PRODUCTION, OPEC, OPEC+. 29 Dec 2019 Oil production in Russia, which is part of a pact to curb global oil output, is expected to be between 555 million tonnes and 565 million tons in  22 Feb 2020 Saudi Arabia and Russia have so far failed to reach an agreement to cut oil production even with the COVID-19 epidemic in China expected to  6 Dec 2019 The OPEC oil-producing countries and ally Russia said Friday they have agreed to cut their crude production by an extra 500,000 barrels a day 

Russia's economic output plummeted 45% in the decade after the Soviet Union broke up. Russia is rife with oil, and its economy is heavily dependent on the resource.

6 days ago In Vienna, Saudi Arabia tried to push for additional oil production cuts to compensate for the slump in demand for oil due to the coronavirus.

Russia Crude Oil Production is at a current level of 10.84M, down from 10.86M last month and down from 11.01M one year ago. This is a change of -0.22% from last month and -1.62% from one year ago.

The deal could take total production cuts by the Opec+ group — which includes Russia and other producers outside the cartel — to 3.6m barrels a day, or almost 4 per cent of world demand, and

Russia has its own immediate reasons for standing pat. The country’s oil output last year hit its highest level since the days of the Soviet Union, reaching around 11.25 million barrels a day Russia’s crude oil and condensate output hit a post-Soviet high last year even as it curbed production under an agreement with OPEC. The 11th consecutive year of output growth underscores the Russia has 99 problems, but an oil-price correction isn’t one. That’s the message, more diplomatically couched, emanating from the Kremlin in response to Saudi Arabia’s latest rallying call Report Russia’s Defiance Sets the Stage for Oil Price ‘Bloodbath’ Moscow rejects OPEC’s effort to avert a coronavirus-driven price collapse, shutting down an agreement to cut crude output. Although Russia hit a post-Soviet record in its oil production last month, it doesn’t plan to raise output to 12 million bpd by the end of 2018, or in the near term, because this wouldn’t fit Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+. The producers agreed in June to start rolling back their output cuts to offset Russia Crude Oil Production is at a current level of 10.84M, down from 10.86M last month and down from 11.01M one year ago. This is a change of -0.22% from last month and -1.62% from one year ago.