Russia's crude oil production in June fell to its lowest level in at least two and a half years, as Ukraine attacked Russian oil infrastructure almost every day. According to OPEC's monthly report, Russian producers produced an average of 8.928 million barrels of crude oil per day in June. These data highlight the enormous pressure on the Russian oil industry: Russia is forced to export large quantities of crude oil due to Ukrainian drone attacks, which cut processing volumes at Russian refineries. According to OPEC data based on second-hand sources, Russia's daily production in June was 834,000 barrels lower than the target of its agreement with OPEC and its allies, and 610,000 barrels lower than the May daily production after a slight revision.

Russia's crude oil production in June fell to its lowest level in at least two and a half years, as Ukraine attacked Russian oil infrastructure almost every day. According to OPEC's monthly report, Russian producers produced an average of 8.928 million barrels of crude oil per day in June. These data highlight the enormous pressure on the Russian oil industry: Russia is forced to export large quantities of crude oil due to Ukrainian drone attacks, which cut processing volumes at Russian refineries. According to OPEC data based on second-hand sources, Russia's daily production in June was 834,000 barrels lower than the target of its agreement with OPEC and its allies, and 610,000 barrels lower than the May daily production after a slight revision.