OPEC reported Wednesday, citing secondary sources, that Russia's crude oil production slightly decreased by 0.007 million barrels per day in November, to approximately 8.99 million barrels per day. This is roughly in line with Russia's monthly production quota of 8.98 million barrels under the OPEC+ agreement (including voluntary cuts). Russia has committed to reducing production in October and November of this year, as well as from March to September next year, to offset the surplus production since April. Iraq and Kazakhstan's production has also consistently exceeded targets, having previously committed to further cuts to compensate for their surplus production.