Russia's Oil Output Held Steady in 2025

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Why This Matters

Russia's oil production is expected to remain steady in 2025 at 516 million tons, but is projected to increase by 2% in 2026 to 525 million tons, with a daily output of 10.54 million barrels.

Market Impact

Market impact analysis based on neutral sentiment with 77% confidence.

Sentiment
Neutral
AI Confidence
77%

Article Context

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Russia’s crude oil production this year will remain unchanged from the previous year at some 516 million tons, Deputy Prime Minister Alexander Novak said today, adding that in 2026, oil production should rise to 525 million tons, Interfax cited the official as saying. The 2025 total is equal to around 10.36 million barrels daily, to rise to 10.54 million barrels daily in 2036, based on a conversion ratio of 7.33 barrels in a ton. The 2026 increase is about 2% on this year and will be pursued “in accordance with the socio-economic development…

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Original article published by OilPrice.com on December 26, 2025.
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