Declining output. Russia is downgrading its forecast for oil production in 2026-29 amid ongoing drone attacks on its oil refineries and infrastructure. Though the figures aren’t set to be officially released until late September, Reuters reports that production estimates will be reduced by 16 million-20 million tons per year compared to the previous forecast released […]
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Daily Memo: Russian Oil Production, Strikes on Iran
Russian crude output could decline to a 17-year low in 2026.
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