TREE NEWS reports: The International Energy Agency on Friday lowered its Russian crude production forecasts, citing continued Ukrainian drone attacks on energy infrastructure. In its monthly report, the IEA cut its 2026 Russian crude forecast by 125,000 barrels per day to 8.7 million bpd, and its 2027 forecast by 235,000 bpd to 8.6 million bpd. Russian crude output fell 200,000 bpd month-on-month to 8.36 million bpd last month, 940,000 bpd below the January 2026 peak of 9.3 million bpd.
IEA Cuts Russia Oil Output Forecast on Ukraine Drone Strikes
AI take
The IEA's downgrade matters less as a demand signal than as evidence that drone strikes are now a structural variable in Russian supply modeling, not a transient disruption. The gap between the January peak and current output shows how quickly sustained infrastructure attacks can erode baseline capacity, and the fact that the agency extended cuts into 2027 suggests it expects no quick restoration. Whether the strikes continue at this tempo — and whether Russia can repair or harden the targeted infrastructure — is the open question for anyone tracking crude balances.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
11m ago
UAE to Invest €40 Billion in Germany, Including Digital Infrastructure
33m ago
Inner Mongolia targets RMB 100B biomanufacturing output by 2030
36m ago
Houthis Say Saudi Warplanes Hit Yemen’s Mokha Airport
41m ago
France expects 2026 budget deficit to exceed 5% target
47m ago
Japan Weighs Subsidies for Defense Equipment Production
52m ago
Asian refiners ask Saudi Aramco to switch long-term contract pricing to Brent