Russian crude and condensate production totaled 46.45 million mt in April, according to data released Saturday by the Central Dispatching Unit of the Russian energy ministry. This is equivalent to around 11.349 million b/d, up 0.5% on month and 1% on year. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Russia was free to produce at will in April, as the previous OPEC+ agreement expired at the end of March and the current agreement only came into force at the beginning of May. Russia initially expected to increase output by 200,000 b/d in April, but the impact of the coronavirus pandemic and the sharp fall in oil prices affected these plans. From May, Russia has agreed to significantly cut production under the latest OPEC+ agreement. It agreed to cut crude output by 2.5 million b/d in May and June, 2 million b/d in […]