Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading has been stalled due to sanctions over Ukraine. The production rose from 11 million bpd in January, while in tonnes, Russia’s total oil and gas condensate production was 42.23 million last month, Interfax news agency said, compared with 46.53 million in January, which was three days longer. Russia has struggled to sell its oil following West’s sweeping sanctions over last week’s Russian invasion of Ukraine. Moscow calls its actions in the neighbouring country a “special operation”. read more The knock-on effects of sanctions were felt all across the oil market. Russia’s key Urals […]