Tag oil production

Possibly a blip

According to the preliminary data by the Russian energy statistics agency, in July 2016 Russia produced 45.9 million tons of crude oil and condensate, which translates into 1.48 million tons per day (10.8 mmbpd assuming 7.3 barrels per ton). According…

Still no decline in oil production

Last September and October, I wrote about George Soros’ untimely announcement that Russian oil production was in decline. The data links in these posts seem to be working all right, providing updated information. It indicates that the decline has so far failed to begin.…