According to the International Energy Agency (IEA), Russia reduced its exports of oil and petroleum products by 200 thousand barrels per day in November. This forecast was published by the International Energy Agency (IEA) in December. report.
At the same time, export revenues fell by 17% compared to October, reaching $15.2 billion. The decline in revenues occurred against the background of falling prices of Russian oil. The IEA stated that on December 6, the price of a barrel of Urals fell below 60 dollars, which is the price ceiling of Western countries.
At the same time, the ministry notes that revenue decreased more from oil (minus $2.4 billion as of October) than from oil products (minus $800 million). The agency also reported that the production of “black gold” in the Russian Federation in November amounted to 9.5 million barrels per day, that is, 30 thousand less than in October.
Deputy Prime Minister Alexander Novak in November announcedIt was stated that Russia decided to deepen the reduction in oil production and exports from 300 thousand barrels per day to 500 thousand barrels.
Previously, according to the IEA, Russia’s income from oil exports in October decreased It increased by $25 million to $18.34 billion.