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Russia falls 10% short of oil production target after Ukrainian attacks
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.
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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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OPEC+ countries cut oil output by 40,000 bpd in May, missed targets — IEA
According to the IEA, the target production level for OPEC+ countries voluntarily limiting oil output stood at 33.7 mln bpd in May, while actual production amounted to 24.26 mln…
