Russia’s crude production has jumped to a new post-Soviet record as it prepares for talks with OPEC on further cooperation, according to a government official.
The country’s oil output is currently fluctuating between 1.54 million to 1.55 million tons a day, driven mainly by state-run giant Rosneft PJSC, the official said, asking not to be named as the information isn’t public yet. That equates to 11.29 million to 11.36 million barrels a day, beating the previous record of 11.25 million set in October 2016 before Russia agreed with the Organization of Petroleum Exporting Countries to cut production.
