Exports of oil from the Russian Federation last month were reduced by 0.03 million barrels per day to 4.70 million barrels per day.
The Russian Federation revenue from oil and oil products exported in August 2025 to $ 0.92 billion from July to $ 13.51 billion against the rear of prices. This is stated in a monthly International Energy Agency (IEA) report, Rossmi reports.
It was noted that in August the Russian Federation reduced oil exports of $ 0.37 billion by July to $ 8.76 billion and from sales oil products of $ 0.55 billion to $ 4.76 billion.
Exports of oil from the Russian Federation last month were reduced by 0.03 million barrels per day to 4.70 million barrels per day, oil products of 0.04 million barrels per day up to 2.57 million barrels per day.
According to the IEA, the supply of Russian oil products and oil in India was reduced in August by 0.4 million barrels per day by July, 0.2 million barrels per day, but increased in the unnamed direction of 0.6 million barrels per day.
It was reported that in August the Russian Federation made 9.28 million barrels of oil daily compared to 9.31 million barrels daily in July. The Russian Federation quota under the OPEC+ Agreement in August was at the level of 9.26 million barrels per day, considering the payment plan for the preceding review volume. According to the IEA, the Russian Federation can increase production over the next three months to 9.4 million barrels per day and maintain this level for a long time.
The IEA hopes the world’s demand for oil will grow 0.737 million barrels per day to 103.874 million barrels per day and 0.698 million barrels per day at 2026 – up to 104.572 million barrels.
The MEAA also increased the forecasting of global oil supply growth and is now hoped that in 2025 supplies will increase by 2.7 million barrels per day compared to the previous forecast of growth of 2.5 million barrels.
According to the agency, a pure increase in raw materials in OPEC countries from September to October will be 40 thousand barrels per day, less than the installed quota of 137 thousand barrels. The reason is that production capacities are limited to a number of participating countries.
Remember that the Russian economy in August has the smallest income from exporting raw materials abroad for all three years of a great war in Ukraine. It follows from Finnish Analytical Center Crea data. Russia’s revenue from sea exports in August decreased by 10% on monthly terms and 9% in the annual.
Trump is asking for Europe to stop buying Russian oil
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.