Russia's oil production has declined for a sixth consecutive month, with escalating Ukrainian drone attacks on the country's energy infrastructure contributing to the downturn by disrupting storage and transportation facilities needed to sustain output.

Russia is preparing to sharply reduce crude oil exports this month as mounting refinery disruptions, fuel shortages, and Ukraine’s bombing campaign force Moscow to divert more…

Russia's crude oil output fell to 8.8 million bpd in April, down 460,000 bpd year-on-year as Ukrainian drone strikes disabled over 10% of refining capacity.