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18 September 15:09
IEA: exports of oil and petroleum products from the Russian Federation decreased by 4 in August%
13:45; 12 September 2024 year
© freepik
Russian exports of oil and petroleum products decreased by 290 thousand b/d or by 4%, compared with July figures. According to the International Energy Agency, Russian oil exports have been declining for the second month in a row and have reached record lows since March 2021.
Oil exports showed a seasonal decrease of 270 thousand b/d by July - up to 4.4 million b/s.
At the same time, exports of petroleum products were relatively stable at 2.65 million b/s.
Lower volumes and prices led to a reduction in export revenues to $15.3 billion, which is $1.6 billion less than in July.Revenue from the sale of petroleum products decreased by $480 million to $ 5.6 billion, and from the sale of oil to $9.6 billion, which is 1.2 billion less.
It was previously reported that Russia in August reduced shipments of grain for export by 12.3%.lt;/p>
