Markets

Russian oil output reaches post-Soviet record of 10.59mn bpd

Published November 2, 2013 Updated November 2, 2013 07:42am

1 min

By Parvez Jabri

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MOSCOW: Russia's oil production, the world's largest, reached a post-Soviet record-high of 10.59 million barrels per day (bpd) in October, up from 10.53 million bpd in the previous month, Energy Ministry data showed on Saturday.

In tonnes, Russia's crude production was 44.77 million last month. Natural gas production jumped by 14 percent to 2.02 billion cubic metres a day in October.

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