Crude oil and condensate production in Russia fell slightly in March compared to February, Reuters reported on Friday, citing sources with knowledge of the data. In March, Russia pumped 11.01 million barrels per day (bpd) of crude and condensate, down from 11.08 million bpd it had produced in February, according to Reuters’ sources. Russia doesn’t differentiate between crude oil production and condensate production in its official output figures. After years of debates within the OPEC+ group, Russia has won an exemption not to consider its condensate output as part of the production cut agreement. It is thought that Russian condensate production is in the region of 800,000 bpd-900,000 bpd. While Russian production has not slumped too much between February and March, buyers in the West continue to steer clear of Russian oil cargoes, and many analysts say it is a matter of time before at least some Russian supply […]