Home Oil & Companies News Russia boosts oil and gas condensate output, sources say

Russia boosts oil and gas condensate output, sources say

Russia boosts oil and gas condensate output, sources say

Russia increased its oil and gas condensate production to 10.84 million barrels per day (bpd) over Oct. 1-17, up from 10.72 million bpd on average in September, two sources familiar with the data told Reuters.

Russia has cranked up oil and gas condensate output as the OPEC+ group of leading oil producers phases out supply cuts thanks to a improving demand as the global economy recovers from the COVID-19 pandemic.
Source: Reuters (Reporting by Olesya Astakhova and Gleb Gorodyankin Writing by Vladimir Soldatkin Editing by David Goodman )

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