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Russia , Thursday 16 July 2026

Russia estimates its oil output could fall as much as 17% this year, signaling worst crash since the 1990s, report says

Published on: Wednesday 27 April 2022

Russia estimates its oil output could fall as much as 17% this year, signaling worst crash since the 1990s, report says Russia's economy ministry estimated oil production at 433.8 million to 475.3 million tonnes this year, down from 524 million tonnes in 2021.


News source: https://www.msn.com/en-us/finance/markets/russia-estimates-its-oil-output-could-fall-as-much-as-17-25-this-year-signaling-worst-crash-since-the-1990s-report-says/ar-AAWF34g

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