Russia's revenues fell by $2 billion.
The industry publication encore reported this reported by industry publication encore.
Against the background of reduced supplies and lower prices, Russia's oil export revenues fell by $2 billion from $21 billion to $19 billion.
In particular, Russian oil exports in July fell by 115,000 barrels per day (BPD) to 7.4 million BPD.
At the same time, it is assumed that after the entry into force of the EU embargo on the import of Russian oil, its supply to the world market may be reduced more. According to the IEA, Russia will have to find new markets for 1 million b/d of oil products and 1.3 million b/d of oil.
Artur Zayonts specialises in news from the frontline. A historian by education, Arthur has always sought to bring depth and context to his journalistic work.
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