Russian crude output rebounds strongly, but hard times lie ahead

RUSSIA has so far demonstrated high resilience to the unprecedented pressure imposed by the West along with economic sanctions put in place by the US and EU over its invasion and ongoing war in Ukraine, but the worst is yet to come, a Rystad Energy research note said on Tuesday.

Russian crude output rebounds strongly, but hard times lie ahead Russian crude output rebounds strongly, but hard times lie ahead Russian crude output rebounds strongly, but hard times lie ahead Russian crude output rebounds strongly, but hard times lie ahead Russian crude output rebounds strongly, but hard times lie ahead

While Russian crude output is expected to remain high for the remainder of the Northern Hemisphere summer it is expected to decline again due to a countrywide economic downturn and a drop in refinery