UK sanctions Slavneft, completes blacklist of Russia's top ten oil producers
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IEA data shows Russian oil and product exports rose 260,000 b/d month-on-month in October to 6.82 million b/d, but remain 570,000 b/d below October 2025 levels. The increase suggests resilient supply despite sanctions, though the year-on-year decline indicates ongoing constraints. This matters for global oil balances and price direction.
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