Oil Market Report. May 2022. IEA.

The IEA Oil Market Report is one of the world’s most authoritative sources of data on the global oil market. The report highlights that Russia’s isolation following its invasion of Ukraine is deepening as the EU and the G7 contemplate tougher sanctions including the total elimination of the country’s oil imports. If accepted, the new embargoes would accelerate the reorientation of trade flows already underway and force Russian oil companies to close more wells.

Report