"In any case, Russia is a responsible player on the energy market and that's something which governs our decisions and our thinking," Sorokin said, during the ADIPEC virtual conference Nov. 9.

The extra Libyan supply means OPEC+ will have to make some difficult choices as it heads to its formal meeting on Nov 30 – Dec. 1.

Iraq pumped 3.842 million b/d in October, above September's 3.60 million b/d and its quota of 3.804 million b/d,

The preliminary level for dry natural gas production in August 2020 was 2,801 billion cubic feet (Bcf), or 90.4 Bcf/d. This level was 4.5 Bcf/d (-4.7%) lower than the August 2019 level of 94.8 Bcf/d.

Preliminary production figures for September 2020 show an average daily production of 1 772 000 barrels of oil, NGL and condensate.

Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.

OPEC and 10 partners are set to ease their 7.7 million b/d collective production cuts by about a quarter to 5.8 million b/d at the start of 2021,

U.S. industrial production fell 0.6 percent in September, its first decline after four consecutive months of gains.

The Russian oil-service market may halve in 2020-2021 compared to last year,

The 23-country OPEC+ alliance is in the midst of a 7.7 million b/d production