Russian oil export revenues surge over 20% in first half of 2021 ...News

Russia Today - Economy
Russian oil export revenues surge over 20% in first half of 2021
source : Russia Today ( News ) () 10
Revenues from sales of Russian crude oil abroad increased by 21.5% in the first six months of 2021 compared to the same period last year, according to data revealed by Russia’s Federal Customs Service. In monetary terms, the country exported $47.63 billion worth of crude. However, the volume of oil exports totaled 88.2 million tons, marking a decline of nearly 12%. The drop is attributed to production cuts agreed upon by Russia with the Organization of the Petroleum Exporting Countries (OPEC). Also on rt.com US imports more Russian crude despite targeting country’s energy se

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