Russian oil output up to 524.05 mln T in 2021 Output seen rising further in 2022, 2023 Russia plans to reach pre-pandemic oil output by May Analysts sceptical about the May target amid depletion of fields MOSCOW, Jan 2 (Reuters) – Russia’s annual oil production rose by more than 2% last year thanks to the easing of output cuts by the OPEC+ group of leading oil producers after a pandemic-induced decline in 2020, data showed on Sunday. Russian oil and gas condensate output rose to 10.52 million barrels per day (bpd) last year, according to energy ministry data cited by the Interfax news agency and Reuters calculations, from 10.27 million bpd in 2020. In tonnes, oil and gas condensate […]