In June, Russia produced 9.57 million barrels per day of oil

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Oil production in Russia, excluding gas condensate, in June amounted to 9.568 million barrels per day, the OPEC + deal was completed by about 93%, according to “Rosstat” data.

“Oil without gas condensate produced 39.7 million tons, which is 10.8% more than in June 2020, but 3.1% less than in May 2021,” Rosstat reports.

Converting this indicator into barrels using a coefficient of 7.23, the average daily oil production in the reporting month amounted to 9.568 million barrels. At the same time, the target level of production for the Russian Federation in June was 9.457 million barrels per day. 

The OPEC + deal could have been executed by about 93%, according to the data.

Caspian Barrel


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