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Keyword: reducedproduction

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  • Putin's Oil Industry Is in Trouble

    03/29/2024 10:30:25 AM PDT · by canuck_conservative · 56 replies
    Newsweek ^ | March 29, 2024 | Isabel van Brugen
    Gasoline production in Russia has fallen after a series of strikes by Kyiv on the country's oil refineries, figures show. Rosstat, Russia's Federal State Statistics Service, said that in the week ending March 24, the nation's production of motor petrol fell by approximately 7.4 percent to 754,600 tons compared to the week prior, when production was at 815,300 tons, local media reported. Moscow depends on its oil exports and energy industry, which make up some 30 percent of the country's budget revenues and are crucial for the funding of the war in Ukraine. Kyiv ramped up its attacks on Russian...