Russia Cuts Oil Production and Exports Amid Sanctions and Attacks
TL;DR
Russian oil production significantly decreased in December by over 100,000 barrels per day due to US sanctions impacting export sales, marking the largest drop since mid-2024, with difficulties in selling crude overseas and potential effects from Ukrainian airstrikes on production facilities.
- Russia sharply reduces oil production as US sanctions impact export demand Новая газета Европа
- Russia’s Crude Output in December Made Deep Plunge Amid US Sanctions Bloomberg.com
- Russia Slashes Oil Production Amid Delivery Problems to India and China UNITED24 Media
- Russian crude exports fall to lowest since early 2022, hitting Putin’s coffers Українська правда
- Drone Attacks in Russia Spark Decline in Opec-Plus Output Energy Intelligence
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