Russian oil production edged lower in 2025, slipping about 0.7% from a year earlier to 9.129 million barrels per day, according to OPEC’s monthly report released on Wednesday.
The data showed that output has remained broadly stable despite mounting challenges from weaker crude prices and repeated Ukrainian drone attacks on Russia’s energy infrastructure.
Oil and gas together generate roughly a quarter of Russia’s federal budget tax revenues, underscoring the sector’s importance to the economy.
OPEC said Russian crude production fell by 73,000 barrels per day in December alone, bringing output to 9.304 million bpd at year-end.
Global oil prices declined more than 18% in 2025, their sharpest annual fall since 2020, driven by concerns over rising supply and subdued demand growth.
The report also highlighted volatility in Central Asia, where Kazakhstan’s oil output dropped by 237,000 bpd in December to 1.522 million bpd.
Despite the late-year fall, Central Asia’s overall oil production rose to 1.776 million bpd in 2025, up from 1.539 million bpd the previous year.
An industry source said Kazakhstan’s oil and gas condensate output plunged by 35% in early January due to export constraints at a Black Sea terminal.