Russia and FSU – Oct / Nov 2018

Published at 09:21 3 Dec 2018 by . Last edited 11:14 3 Dec 2018.

Russian oil production fell m/m by 50 thousand b/d to 11.37 mb/d in November, but was still up y/y by 0.4 mb/d. Production is likely to remain steady at around 10.4 mb/d through most of H1 19, with cuts under an OPEC+ deal, if one is reached, unlikely to be much more than 0.15 mb/d.Russian crude exp…

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