All news

Russia’s oil exports in September fall by 230,000 bpd, revenues - by $3.2 bln — IEA

At the same time, Russia's revenues from oil exports also decreased - by $3.2 bln to $15.3 bln

MOSCOW, October 13. /TASS/. Russian oil exports in September 2022 fell by 230,000 barrels per day (bpd) to 7.5 mln bpd, which is 560,000 bpd below the level before the start of a special military operation in Ukraine, according to the October report of the International Energy Agency (IEA).

At the same time, Russia's revenues from oil exports also decreased - by $3.2 bln to $15.3 bln, the report said.

The agency's experts noted that oil exports from Russia to the EU fell by 390,000 bpd compared to the previous month.

The IEA also does not rule out the possibility that after the EU embargo on imports of Russian oil enters into force in December, its supply to the world market may be reduced even more.

At the same time, according to the agency, oil output excluding condensate in Russia in September remained at the level of August at 9.74 mln bpd.