BAKU, Azerbaijan, February 12. Russia's oil production in 2025 is expected to stand at 10.73 mb/d, Trend reports.
According to the forecast made by the US Energy Information Administration (EIA), throughout 1Q and 2Q2025 the country's crude output level is expected to stabilize at around 10.73 mb/d, then increase slightly to 10.74 mb/d in 3Q and 4Q2025.
Meanwhile, in 2024, Russia's oil production is forecasted to be 10.72 mb/d. Specifically, in 1Q2024, the country is expected to supply around 10.68 mb/d, followed by an increase to 10.73 mb/d in 2Q2024, and maintaining the output at 10.74 mb/d for both 3Q and 4Q2024.
The agency estimates Russia's oil output in 2023 to have stood at 10.75 mb/d - down by 0.22 mb/d from 10.97 mb/d in 2022.
As per the EIA forecast, Eurasia's liquids output in 2024 is projected to stand at 13.65 mb/d, with an increase to 13.81 mb/d in 2025.
