Oil production in Russia fell to 8.72 million barrels per day in August
Russian oil companies have been cutting output for the ninth straight month after a series of Ukrainian strikes on refineries, which have driven the country’s oil processing to its lowest level in two decades. In August, oil production in the Russian Federation fell to 8.72 million barrels per day — 160,000 barrels per day less than in July and 1.17 million barrels per day below the OPEC+ quota.
#RystadEnergy #CarnegieBerlinCenter #oilproduction #OPEC #Russia #Ukraine