Russia’s oil revenues reached the highest level

According to the correspondent of Fars News Agency, citing the Wall Street Journal, thanks to the sharp increase in oil demand from some of the world’s major economies, Russia has been able to increase its oil export volume almost to the level before the Western sanctions and the military conflict with Ukraine.

On the other hand, the increase in the price of oil in the world market, which has reached about 100 dollars per barrel, has caused Russia’s oil revenues to skyrocket.

Elina Rybakova, a senior economist at the International Financial Institute, says: Russia is struggling with money.

He added: Russia has sold 97 billion dollars of oil and gas since the beginning of this year until July, of which 74 billion dollars was from oil sales.

Information from the International Energy Agency also shows that Russia sold 7.4 million barrels of gasoline and diesel in the world market in July alone, which is only 600,000 barrels less per day than in the first days of the year and before the Western sanctions and Russia’s military conflict with Ukraine. .

A Russian shipping official who was previously involved in the country’s oil sales says: Russian oil exports are exploding because the country has been able to find new oil customers, create new payment routes, employ new oil brokers and new ways. provide the transfer of export money.

Sergey Okolenko, an expert and former director of Russian oil, says: a fact has been realized that the world needs oil and no one has the courage to boycott 7.5 million barrels of oil and oil products from Russia per day.

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