Russia’s crude production in September hit a record high of 11.356 million b/d, exceeding the level of October 2016, the benchmark Moscow used for cutting production under the landmark deal with OPEC. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Russian oil production totaled 46.478 million mt in September, rising 2.9% month on month, preliminary data by the Central Dispatching Unit, the statistical arm of the energy ministry, showed Tuesday. In daily volumes, crude production added 146,000 b/d to its August production, based on a 7.33 barrels per metric ton conversion rate. Following the decision by the OPEC-led group to amend the output cut deal in June, Russia has added 289,800 b/d to its overall production from 11.066 million b/d in June. Meanwhile, Russia’s crude exports outside the CIS fell by nearly 1% to 19.635 million mt or 4.798 million b/d in […]