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Russia Is Pumping Oil at Its Fastest Pace Since the Soviet Era

  • September output has averaged 11.09 million barrels a day
  • Putin gives command to start Siberia’s East Messoyakha field
Drilling operations in the village of Otrada, Russia.

Drilling operations in the village of Otrada, Russia.

Photographer: Andrey Rudakov/Bloomberg

Russian oil output rose to a record ahead of talks on supply with Saudi Arabia and other members of the Organization of Petroleum Exporting Countries next week.

Output in September has been about 11.09 million barrels a day, the highest monthly average since the Soviet era, and reached about 11.18 million on Tuesday, Energy Ministry data show. Maintenance at Sakhalin Island in August capped output that month at just over 10.7 million barrels a day.