MOSCOW, Nov 12 (Reuters) - Russian oil production rose
in October to 9.382 million barrels per day, up 47,000 bpd from
September, as the world's leading oil producing countries
continued to ramp up production, OPEC monthly data showed on
Wednesday.
That is below 9.481 million bpd of Russia's OPEC+ output
quota for October, including obligations to cut output for
overproduction in previous periods.
OPEC+, the group comprising the Organization of the
Petroleum Exporting Countries plus Russia and some smaller
producers, earlier this month agreed a small oil output increase
for December and a pause in increases in the first quarter of
next year.
In its monthly report, OPEC also said Kazakhstan's oil
output last month declined by 155,000 bpd to 1.707 million bpd,
still above its quota set by OPEC+ for October of 1.529 million
bpd including the obligations to compensate for overproduction.
Kazakhstan has been one of the main laggards in the OPEC+
deal due to an increase in output at the Chevron ( CVX )-led
Tengiz oilfield, the country's largest.