Russia boosted oil production in October

Russia saw its crude

Russia saw its crude oil and condensate production rise in October for a second consecutive month as it increased output under the OPEC+ agreement to ease the collective production cuts.

Total crude and condensate production at the leader of the non-OPEC countries in the OPEC+ deal rose by 1.1% from September to stand at 10.843 million barrels per day (bpd) in October, according to Bloomberg estimates based on data from the Russian energy ministry.

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