Oil news

Russia's Deputy PM Novak says Russian oil output amounted to 512mln tonnes in 2025; Russia's LNG production reached ~32mln tonnes in 2025; Russia's coal output at 440mln tonnes in 2025

Newsquawk Staff ·

  • US sanctions against Russian oil companies disrupt the sustainability of global energy resources, increase volatility on global oil markets.

What it means

Russia's Deputy PM Novak's announcement on oil, LNG, and coal output underscores the ongoing impact of US sanctions on Russian energy exports, suggesting continued volatility in global oil markets. This situation may affect supply dynamics, pushing prices higher as the market grapples with the implications of reduced Russian output. Traders should pay close attention to how these figures shape sentiment and trading strategies in commodities and currency markets.

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