Ukraine continues to attack energy facilities, and Russian crude oil production falls below quota

Russia's oil production in July was nearly 1 million barrels per day below its OPEC+ quota, with an average daily output of 8.887 million barrels, significantly lower than the monthly target of 9.824 million barrels.

Ukraine has been attacking Russian oil infrastructure almost daily, threatening crude oil processing and export volumes, while the global energy market is also under pressure due to the conflict in the Middle East.