Russia's revenues from oil and petroleum products exports in August fall by almost USD 1 billion

In August, the aggressor country of russia's revenues from crude oil and petroleum products exports amounted to USD 13.5 billion. This is almost USD 1 billion less than in July this year.

As The Moscow Times writes, Reuters reported this with reference to a report by the International Energy Agency (IEA).

The IEA report states that in August, russia's revenues from crude oil exports amounted to USD 8.76 billion. This is USD 0.37 billion less than in July.

The sale of petroleum products in August brought moscow usd4.76 billion. This is USD 0.55 billion less than in the previous month.

IEA data also indicate a decrease in exports. The country exported 4.7 million barrels per day of oil and 2.57 million barrels per day of petroleum products, which is 0.03 million and 0.04 million less compared to July.

The agency also reported that russia reduced supplies of oil and petroleum products by 0.4 million barrels per day to India and by 0.2 million barrels per day to the Middle East. At the same time, supplies to unnamed countries increased by 0.6 million barrels per day.

As the Ukrainian News agency earlier reported, on September 8, the Organization of the Petroleum Exporting Countries (OPEC) approved an increase in oil production by another 137,000 barrels per day from October this year.

At the end of August, Reuters wrote, citing its own sources, that India is going to increase oil imports from russia in September.