Finance
Russian oil output edges down 0.7% in 2025, OPEC data shows
Published by Global Banking and Finance Review
Posted on January 14, 2026
Russian oil output edges down 0.7% in 2025, OPEC data shows
Overview of Russian Oil Production Trends
MOSCOW, Jan 14 (Reuters) - Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday.
Impact of Geopolitical Events
Russia has managed to keep broadly steady its oil output, which together with natural gas accounts for around a quarter of federal budget tax proceeds, despite drone attacks by Ukraine on energy infrastructure and lower crude prices.
OPEC+ Production Decisions
Russia is a member of the OPEC+ group of leading oil producers which earlier this month decided to keep its output steady.
Kazakhstan Oil Output Changes
Oil prices fell more than 18% in 2025 - their steepest yearly drop since 2020 - amid growing oversupply concerns.
Russian oil production in December declined by 73,000 bpd to 9.304 million bpd, according to OPEC.
In its monthly report, OPEC also said Kazakhstan's oiloutput last month dropped by 237,000 bpd to 1.522 million bpd.
Central Asia's oil output rose to 1.776 million bpd last year from 1.539 million bpd in 2024, the data showed.
According to an industry source, oil and gas condensate output in Kazakhstan plunged by 35% in January 1-12 from December's average, mainly due to export constraints via a Black Sea terminal.
(Reporting by Reuters. Editing by Mark Potter)
Frequently Asked Questions about Russian oil output edges down 0.7% in 2025, OPEC data shows
1What is oil output?
Oil output refers to the total volume of crude oil produced by a country or region over a specific period, usually measured in barrels per day.
2What is crude oil?
Crude oil is a natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary source of energy and in the production of various fuels.
3What is a production decision in OPEC?
A production decision in OPEC refers to the agreements made by member countries regarding the quantity of oil each will produce, aimed at managing oil prices and market stability.
