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In November 2010, Russia has established its own oil production record producing an average 10.24 million barrels of black gold a day, reports Bloomberg news agency, noting that this is the collapse of the Soviet Union in 1991 after the highest index.

The Energy Ministry CDU-TEK statistics unit said in a statement Russian output last year rose 2.2% to 10.15 million barrels a day, the highest annual average since the collapse of the Soviet Union in 1991. Russia produced 9.93 million barrels a day in 2009. Russia, the world largest oil producer set a post-Soviet record for yearly crude output in 2010, even as the country production in December slipped from the previous month. According to the statistics output in December fell 0.6% to 10.18 million barrels a day compared with 10.24 million barrels a day in the previous month. By comparison, Saudi Arabia produced 8.25 million barrels a day in December, www.steelguru.com reports citing Bloomberg.