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Mass media / Periodicals

The IEA raised its forecast for oil production in Russia in 2020

"Oil of Russia" 14.05.2020 at 12:30

International energy Agency (IEA) raised its forecast for oil production in Russia in 2020 to 10.64 million barrels a day, according to the monthly review of the Agency.

In the previous report, the IEA predicted that oil production in Russia in 2020 at the level of 10.63 million barrels per day. Thus, the forecast for adjusted to 10 thousand barrels per day upward.

According to the IEA, in 2019, oil production in Russia made up 11.58 million barrels per day. Based on these data, oil production in Russia in 2020 could be reduced by 940 thousand barrels per day, or 8.1%.

oil Production in Russia 2018, according to the IEA, made up 11.49 million barrels per day.

Source: RNS