Russia produced 40.96 million mt of crude and condensate in November, equivalent to around 10 million b/d, according to preliminary data released by the central dispatching unit of the Russian energy ministry Dec. 2. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Daily average production was steady in November, but total output fell slightly from the 42.28 million mt produced in October, due to the extra day. November production was down 11% on the year at 46.07 million mt, or around 11.26 million b/d. This was due to deeper output cuts under the OPEC+ agreement in 2020 compared with 2019. Russia’s quota for crude production under the agreement is 8.99 million b/d for August-December, 2020. The deal does not include condensate. Russia has not released […]