Russia Sees Its Oil Output Close to Post-Soviet High Next Year

  • Total production seen at 559.9m tons in 2022 in draft budget
  • OPEC+ allows Russia a monthly crude-output hike of 100,000 b/d
Photographer: Andrey Rudakov/Bloomberg
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Russia expects oil output next year to be back near its post-Soviet high as OPEC+ eases production curbs.