According to the results of March this year, Russia’s revenue from oil exports decreased by 43 percent on an annual basis to 12.7 billion dollars, while this figure increased by 1 billion dollars in monetary terms compared to February. informs TASS with reference to statistics from International Energy Agency (IEA) analysts.
“The physical volume of Russia’s oil exports in March 2023 reached its highest level since April 2020 due to increased shipments of petroleum products. Export earnings rose $1 billion from February to $12.7 billion <….> At the same time, although Russia’s revenue from oil exports increased by 1 billion dollars in March, it decreased by 43 percent compared to last year.
April 14 International Energy Agency (IEA) analysts sent According to statistical data, according to the results of March this year, the export volume of Russian oil delivered by sea reached the maximum level since April 2020, reaching 8.1 million barrels per day. In the first month of spring, the bar rose by 0.6 million barrels per day.
During the same period, delivery volumes of Russian petroleum products also increased. In March this year, this figure reached 3.1 million barrels/day, an increase of 450,000 barrels/day compared to February.