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Russia plans to stop publishing statistics on its oil and gas production until at least next April, the state-owned news agency Tass reported on Friday, citing a government decree.
Data from earlier this month provided a glimpse at the state of Russian oil exports, which reached their highest level since the onset of the COVID-19 pandemic. But revenues are down compared to last year amid Western sanctions and price caps.
Russia shipped around eight million barrels of oil a day last month, an International Energy Agency report showed, while oil export revenues reached $12.7 billion.
Here’s a look at the state of Russian oil through three charts.
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Sanctions and price caps placed on Russian oil appear to be working: The IEA found that even though shipments of crude oil bounced back to their highest level since April 2020, oil revenues have declined.
![](https://img.semafor.com/5012358d9aba3256c232044b305dfff77290a535-1106x780.png?w=1920&q=75&auto=format)
Russian oil output plummeted in the months following its full-scale invasion of Ukraine last year, but has since rebounded. The IEA report shows that Russia increased oil production by 600,000 barrels per day in March from February.
![](https://img.semafor.com/b7771b68ae6735f2ef9f7b5381773bf4a950a9d5-1106x840.png?w=1920&q=75&auto=format)
Among member countries of the Organization for Economic Cooperation and Development (OECD), reliance on Russian-sourced oil has been falling over the past year. IEA data shows that while European countries import more Russian oil than other countries in the bloc, their need for Russian-produced crude has dropped since the war in Ukraine. And imports from Russia dropped even lower in the fourth quarter of last year.
![](https://img.semafor.com/4349d987a382d4f9b6511d2c38119f31985373bb-1106x840.png?w=1920&q=75&auto=format)