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.

Ukraine’s increasingly sophisticated drone campaign is targeting critical refinery equipment and repeatedly striking the same facilities, causing fuel shortages and mounting…

Ukraine’s General Staff has presented figures on the degradation of Russia’s military-economic capabilities, claiming that long-range strikes by Ukrainian forces have…

Russian crude oil exports increased by 170,000 bpd in May, while exports of petroleum products fell by 150,000 bpd

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…

Russia's crude oil production fell to 8.7 million barrels per day, 10% below target levels. The IEA has lowered its forecast for the year.