Russian September Oil Output Rises to Record, Exports Surge
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Russian crude and gas condensate production rose to a post-Soviet record in September and exports jumped before Prime Minister Vladimir Putin approved a new tax structure raising the duty on fuel oil shipments.
Production reached 10.3 million barrels a day last month, remaining at the highest level in the world, according to preliminary data from the Energy Ministry’s CDU-TEK unit sent by e-mail today. That is 0.2 percent higher than the previous month’s 10.27 billion barrels a day and 1.2 percent higher than in September of last year.