New research by the Joint Petroleum Statistics Initiative (JODI) showed that, in February, Russia remained in second place in terms of global oil production, with a national daily output of 9.398 million barrels per day (bpd).

Data shows that the United States was the top oil-producing country in the world and Saudi Arabia was in third place. Russia held the status of the world’s second-largest oil producer for the 10th month in a row, dropping to the third spot for only one month, in April 2020. Prior to that, Russia