Russia slashes 2026 oil production forecast to 494.2 million tons, the lowest since 2009
The downgrade reflects Ukrainian drone attacks, refinery disruptions, and export constraints linked to the war. Crude exports are forecast to rise to 244.7 million tons, while fuel exports are expected to plunge to 98.5 million tons. Oil production through 2029 is also forecast below previous estimates.
Source:X@DeItaone · Source Link
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