Russia cuts oil output forecast, fuel export outlook revised on Ukraine war
A draft Russian government forecast seen cuts this year’s oil output outlook to a 17-year low and revises fuel exports outlook for 2026 and 2027, citing the war with Ukraine.
Story updates
10:51:37 AM UTC
SquawkNews
Cuts Oil Products 2026 Exports Forecast By 24.1M Tons To 98.5M Tons Raises 2026 Crude Oil Exports Forecast By 7.5M Tons To 244.7M Tons
Russia downgraded oil output forecast for this year to a 17-year low and revised fuel exports outlook for 2026 and 2027 due to the war with Ukraine, according to a government draft forecast seen.The forecasts, which are expected to be finalised at the end of September and are used in dra…