According to RT on April 20, the latest research of the Joint Petroleum statistics Initiative (Jodi) shows that in February this year, Russia still ranked second in global oil production, with a daily output of 9.398 million barrels / day.

Data show that the United States is the world’s largest oil producer, and Saudi Arabia ranks third. Russia has maintained its position as the world’s second largest oil producer for the 10th consecutive month, only falling to the third place in April 2020. Before that, Russia had been second for more than a year.

According to Jodi, compared with January, Russia’s oil production fell by 0.7% in February, while the United States cut production by 6.5% to 10.364 million B / D and Saudi Arabia by 10.5% to 8.147 million B / d.

Statistics also show that Russia’s export volume in January was 3.702 million B / D, down from 4.2 million B / D in December.

According to the report, Russia’s refining business in February increased by 5.3% over the previous month to 5.772 million barrels per day. At the same time, the refining capacity of the United States decreased by 13.3% from January to 12.67 million B / D, and the capacity of Saudi Arabia decreased by 2.6% to 2.281 million B / d.