ICYMI, Novak says Russian oil output this month has not fallen from December levels | Forexlive

Russian Deputy Prime Minister Alexander Novak comments reported by Interfax news agency.

“January has not ended yet, but now (production) is at the level of December”
In December Novak had said that Russia may cut oil output by 5%-7%, or 500,000-700,000 barrels per day (bpd), in early 2023.
“We said that we have risks of a production decline, but so far we have not seen a decrease in production”

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Oil update. Its caught a bid from the optimism over China’s reopening driving up demand: