©Reuters. FILE PHOTO: A view shows a local oil refinery in Omsk, Russia, June 6, 2022. Picture taken June 6, 2022. REUTERS/Alexey Malgavko

By Olesya Astakhova

MOSCOW (Reuters) – Russian oil production could fall by 500,000 to 1 million barrels per day (bpd) in early 2023 after the European Union imposed a ban on maritime transport imports from Monday, two sources at major Russian producers said.

The estimate is on the low end of market analysts’ projections of the combined impact of the ban and a…

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