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المشهد العربي
Russia's oil output falls further
Russian oil production experienced a significant decline in August, dropping to 8.718 million barrels per day, marking a decrease of 160,000 barrels from July and the largest monthly decline since December. This drop widened the gap between actual production and the quota set under the "OPEC+" agreement, with production now 1.17 million barrels per day below Russia's allocated ceiling. This decline comes amid escalating Ukrainian attacks on Russian energy infrastructure, as Kyiv targeted 22 oil facilities over the past month.
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