Russia is planning to reduce its oil production by 50,000 bpd to 60,000 bpd in January as part of the new OPEC+ deal, and will not be cutting its 228,000-bpd share outright at the start of the ...
Last week OPEC conducted meetings with a coalition of partners that have worked together to limit oil production since 2016. It was widely reported that the group hoped to come to an agreement to ...
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Get PriceA proposed new U.S. bill laying sanctions on Russia, the harshest so far, would only have a limited impact on its oil industry, because the country has drastically reduced its reliance on Western funding and foreign partnerships and is cutting its dependence on imported technology, Reuters wrote on Friday.
Get PriceAlthough the oil price war was triggered by the Russia-Saudi fall-out, US shale will be the first casualty, writes Robin Mills. In the process, the US will learn that producing a lot of oil at ...
Get PriceOil prices on both sides of the Atlantic are off ~4% this morning and to their lowest since July 2017 after Reuters reported that Russia will not agree to steeper oil output cuts by OPEC and its ...
Get PriceSaudi Arabia is working to flood the market after another oil producer, Russia, refused to agree to oil production cuts. Worldwide, demand for oil is decreasing as the spread of the new coronavirus has interfered with travel, transport and other industries.
Get PriceOil & Gas Publishers Note: Excellent piece by Ron Miller about importing liquefied natural gas from Russia into the New England area, rather than using resources from the United States. Boston is ...
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Get PriceCrude Oil Production in Russia increased to 10871 BBL/D/1K in December from 10853 BBL/D/1K in November of 2025. Crude Oil Production in Russia averaged 8466.01 BBL/D/1K from 1992 until 2025, reaching an all time high of 11051 BBL/D/1K in December of 2025 and a record low of 5707 BBL/D/1K in May of 1998. This page provides the latest reported value for Russia Crude Oil Production plus
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