Russia Oil Revenue Falls As Some Buyers Shun Its Crude, IEA Says

• Posted in OilGas
• on March 15, 2024
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Russia’s oil-export revenue declined in February as tougher monitoring of western sanctions against the Kremlin reduced some buyers’ appetite for the nation’s barrels, according to the International Energy Agency.

The top-three global oil producer earned $15.69 billion from crude and petroleum product exports last month, down 0.95% from January, the Paris-based agency said in its monthly oil report on Thursday.

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