Russia’s crude and condensate output was again above its target level under the OPEC+ agreement in November, totaling 46 million mt, equivalent to around 11.24 million b/d, according to preliminary data released Monday by the Central Dispatching Unit of the Russian energy ministry. Under the current agreement among members of OPEC+ — a coalition of OPEC and other oil producers — Russia committed to cut around 230,000 b/d from its October 2018 output of 11.42 million b/d. Russia has had mixed success in complying. It gradually reduced production in the first quarter of 2019 to hit the target, before over-complying in May-July as a result of crude supply disruptions caused by a major organic chloride contamination of crude shipped to Europe via the Druzhba pipeline. Since August, it has been producing above its target under the OPEC+ deal. Russian energy minister Alexander Novak previously said that producers […]