Russia’s oil output edges higher in early February, sources say

MOSCOW (Reuters) – Russia’s oil and gas condensate output increased to 11.07 million barrels per day (bpd) over Feb. 1-10, from an average of 11 million bpd in January, two sources familiar with the data said on Friday.

Russia has been increasing oil production in tandem with the OPEC+ group as global demand recovers. Russia’s monthly quota for production increases stands at 100,000 bpd.

(Reporting by Olesya Astakhova and Gleb Gorodyankin; Writing by Vladimir Soldatkin; Editing by David Goodman)

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