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Russian Oil Drops Below OPEC Quotas

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Ukrainian drone strikes on energy infrastructure pushed Russian oil production down for a sixth month to 9.009 million bpd in May. This drop leaves Russia producing roughly 690,000 bpd below its agreed OPEC+ quotas, threatening vital Kremlin tax revenues despite a temporary surge in crude exports.
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