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IEA Cuts Russia's Oil Production Forecast Due to Ukrainian Attacks
Russia's oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia's energy infrastructure, the International Energy Agency said in its monthly oil market report on…
Summary
Russia's oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia's energy infrastructure, the International Energy Agency said in its monthly oil market report on Friday. Russia produced on average 9.2 million barrels per day (bpd) in 2025.
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