{"id":393318,"date":"2021-01-04T12:22:50","date_gmt":"2021-01-04T06:52:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=393318"},"modified":"2021-01-04T12:36:28","modified_gmt":"2021-01-04T07:06:28","slug":"russias-2020-crude-oil-output-at-lowest-in-nearly-a-decade","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/russias-2020-crude-oil-output-at-lowest-in-nearly-a-decade\/","title":{"rendered":"Russia\u2019s 2020 crude oil output at lowest in nearly a decade"},"content":{"rendered":"<p>Russia\u2019s crude oil and condensate output fell to a nine-year low in 2020 as the nation took part in historic OPEC+ production curbs.<\/p>\n<p>The Organization of Petroleum Exporting Countries and its allies implemented unprecedented output cuts from May as global lockdowns to contain the spread of Covid-19 crushed demand. Russia shouldered the biggest burden of cutbacks along with OPEC\u2019s de facto leader, Saudi Arabia.<\/p>\n<p>Over the year as a whole, Russia produced 512.7 million tons of crude and condensate, according to preliminary data from the Energy Ministry\u2019s CDU-TEK unit. That equates to daily output of 10.27 million barrels, based on a 7.33-barrel-per-ton ratio. The decline followed 11 consecutive years of growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia\u2019s crude oil and condensate output fell to a nine-year low in 2020 as the nation took part in historic OPEC+ production curbs. The Organization of Petroleum Exporting Countries and its allies implemented unprecedented output cuts from May as global lockdowns to contain the spread of Covid-19 crushed demand. Russia shouldered the biggest burden of cutbacks along with OPEC\u2019s de facto leader, Saudi Arabia. Over the year as a whole, Russia produced 512.7 million tons of crude and condensate, according to preliminary data from the Energy Ministry\u2019s CDU-TEK unit. That equates to daily output of 10.27 million barrels, based on [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-393318","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=393318"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393318\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=393318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=393318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=393318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}