US EditionRussia’s Oil Export Revenues Rebound in March, IEA Says
The IEA said higher prices and a 30-day U.S. waiver lifted Russian crude and petroleum shipments to $19 billion in March.
- The IEA said Russia's crude oil exports rose by 270,000 barrels per day in March to 4.6 million bpd, mainly driven by higher seaborne shipments.
- Russia's oil and oil product export revenues nearly doubled to $19 billion in March from $9.75 billion in February as global oil prices surged.
- Russia's crude production increased last month to 8.96 million bpd from 8.67 million bpd in February, but may struggle to increase further due to damage to infrastructure.
21 Articles
21 Articles
Dnevni list Danas
n1info.rsMeđunarodna agencija za energiju (IEA) saopštila je danas da je Rusija udvostručila svoje prihode od izvoza nafte u martu, zahvaljujući sukobu na Bliskom istoku.
Russia's oil and fuel export revenues rebound in March, IEA says
Russia's revenues from crude oil and refined products rose in March, rebounding from February when they fell to their lowest level since the start of the Ukraine conflict in 2022, as prices surged due to the Iran war, the International Energy Agency said on Tuesday.
Global oil markets are currently in a state of great uncertainty as the conflict in the Middle East, changes in trade sanctions and actions by major powers have a wide-ranging impact on supply and demand. New data suggests that some countries' incomes are growing rapidly while the risk of a severe recession and oil shock is growing. According to the International Energy Agency (IEA), Russia almost doubled its oil export revenues in March. The re…
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