Russia’s Oil Production Slips Below 10 Million Bpd ...Middle East

OILPRICE - Economy
Russia’s Oil Production Slips Below 10 Million Bpd
source : OILPRICE ( Middle East ) () 17
For the first time since July 2020, Russia’s crude oil production has slipped below the 10 million bpd mark on Monday, two anonymous Reuters sources suggested. The decline in Russia’s crude oil production is largely the result of sanctioning and self-sanctioning from Russia’s usual oil clientele and the logistical issues created by those actions, including payment issues and lack of storage availability. So far in April, Russia’s average crude oil production for the first 11 days of April came in at 10.32 million bpd—a…

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