September profits spiked to a 14-month high, according to data Russia netted $18.8 billion from oil exports last month, making September the most profitable month since July 2022, the International Energy Agency (IEA) said in its monthly oil market report. According to the Paris-based agency, the country’s oil export revenues surged by $1.8 billion in one month. The agency estimates that gains from crude exports grew more strongly, by some $1.5 billion, than profits from the shipment of petroleum products. The IEA attributed the spike in revenues to a combination of growth in total export volumes and higher averag
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