*
Russian oil revenues fell to $13.1 billion in October
*
Oil and fuel exports dropped by 150,000 bpd to 7.4 million
bpd
*
Oil output steady at 9.28 mln bpd, slightly below OPEC+
target
*
US set November 21 deadline to wind down deals with
Rosneft,
Lukoil
MOSCOW, Nov 13 (Reuters) - Russia's revenues from crude
oil and refined products fell again in October due to lower
export volumes and weaker prices, the International Energy
Agency said on Thursday, adding that Russian oil exports have
been holding up so far.
Russia's vital energy industry is under strain from a pickup
in Ukrainian drone strikes on oil refineries and pipelines, as
well as Western sanctions over Ukraine.
Washington has piled pressure on Moscow by introducing
sanctions against Russia's largest oil producers, Rosneft
and Lukoil, last month, setting November 21
as the deadline for winding down transactions with the
companies.
The Paris-based IEA said Russia's revenues from crude and
fuel export sales fell to $13.1 billion in October, down $2.3
billion from the same month a year ago.
Russian crude and oil product exports fell by 150,000
barrels per day to 7.4 million bpd in October, reversing the
increase seen in September, it said.
IMPACT OF UKRAINIAN ATTACKS
"Recent Ukrainian attacks on refining and oil production
infrastructure contributed to the 110,000 barrels per day drop
in crude exports, to just above 5 million bpd," the IEA said in
a monthly report.
It said oil product exports also fell for the second
consecutive month, by 40,000, to 2.3 million bpd, reaching their
lowest level since 2017 and exacerbating tight international
product markets.
The agency said Russian oil production excluding gas
condensate was unchanged in October from September, at 9.28
million bpd, some 20,000 bpd lower than its target, outlined by
the OPEC+ group of leading global oil producers.
That compares with the 9.328 million bpd assessed by the
producer group OPEC.
"While Russian crude exports have largely held up ahead of
the 21 November deadline, recent data show that some of that oil
has begun to pile up on water as buyers shun cargoes amid
compliance issues and other uncertainties," the IEA said.
Kazakhstan crude supply dropped sharply by 240,000 bpd to
1.7 million bpd in October, largely due to maintenance at the
Tengiz field, the IEA said.