Search results
Results From The WOW.Com Content Network
In 2009, Russia produced 12% of the world's oil and had a similar share of global oil exports. [4] Russia produced an average of 10.83 million barrels (1,722,000 m 3) of oil per day in December 2015. [5] In June 2006, Russian crude oil and condensate production reached the post-Soviet maximum of 9.7 million barrels (1,540,000 m 3) per day.
Under this definition (crude and condensate), total world oil production in 2023 averaged 81,804,000 barrels per day. Approximately 72% of world oil production came from the top ten countries, and an overlapping 35% came from the twelve OPEC members.
By 2011, Russian oil production had increased to 10.54 million barrels per day (1.676 × 10 ^ 6 m 3 /d). [7] It is the second largest exporter of oil in the world. In October 2018, Russia's crude oil output grew to 11.61 million barrels per day (1.846 × 10 ^ 6 m 3 /d), a new post-Soviet record. [8]
The Omsk refinery processed more than 21 million metric tons (420,000 barrels per day) of crude oil in 2022. (Reporting by Olesya Astakhova; writing by Vladimir Soldatkin; editing by Jason Neely ...
Russian crude production could fall off by 1.1 million barrels a day, Rystad said, dealing a potentially massive blow to the country's economy.
Fuel oil and vacuum gas oil - 1m bpd (140,000 tonnes per day) The prices will be kept under review. The Russian government pays refiners a critical subsidy known as the "buffer mechanism" for refining oil for domestic markets varies by month between 15,000 and 30,000 rubles per metric ton ($30 to $60 per barrel) for diesel and $17 per barrel ...
So buying Russian oil at $60 or less is a bargain. Russia’s cost of production is as low as $15 per barrel, so it’s still making money on oil sales — but not the windfall it raked in last ...
In 2021, Russian crude and condensate output reached 10.5 million barrels per day (barrels per day), making up 14% of the world's total supply. Russia has oil and gas production facilities throughout the country, but the bulk of its fields are concentrated in western and eastern Siberia.