IEA Upgrades Russia's 2023 Output Decline Forecast to 740,000 Bpd From 1.1Mln Bpd, IAE Reports
The International Energy Agency (IEA) said in its fresh report on Wednesday that it was surprised by the steady production of crude oil and condensates in Russia, and improved its forecast for 2023, expecting a decrease of only 740,000 barrels per day instead of the previously predicted 1.1 million barrels per day.
Source: sputniknews.com