Insight
In time for a new OPEC deal: How did Russia cut 300,000 b/d?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Following the agreement with OPEC in November 2016, Russia had cut 300,000 b/d of oil production. For long, scepticism prevailed over Russia’s promise. So how did it achieve this? What was the impact for Russian oil companies? And what is next, with a possible extension to be discussed on 25 May 2017?
Table of contents
- Executive Summary
- The Russian-Saudi alliance
-
Impact on Russian oil companies
- Decline at mature fields is accelerated
- What next?
Tables and charts
This report includes the following images and tables:
- Russian oil and condensate production
- Production cut by company
- Monthly production dynamics by company
What's included
This report contains:
