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Ukrainian attacks push Russian oil output 10% below target in May, IEA says
Recent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude oil extraction. These targeted actions seek to undermine Russia's financing for the ongoing conflict. While production may be down, oil exports have surprisingly held steady. In response, Russia is now focusing its efforts on ensuring domestic energy needs are met.
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tass.com
Russian oil exports total 7.35 mln bpd in May, revenues fall to $20.79 bln — IEA
Russian crude oil exports increased by 170,000 bpd in May, while exports of petroleum products fell by 150,000 bpd
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economictimes.indiatimes.com
Ukrainian attacks push Russian oil output 10% below target in May, IEA says
Recent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude oil extraction. These targeted actions…
