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Russia's oil and petroleum product exports increased by 7% in March 2026 to 13 million barrels per day, with revenues nearly doubling to 04 billion amid rising global oil prices, according to the International Energy Agency. Separately, Singapore has sharply increased imports of Russian petroleum products, reportedly due to Middle East supply disruptions and the conflict around Iran.
By Tertius News AI Desk1 distinct · 1 masthead · 2 articlesVersion 1Coverage Published
Lead
Russia's exports of oil and petroleum products rose by 7% in March 2026 compared to the previous month, reaching 13 million barrels per day, according to data from the International Energy Agency (IEA) as reported by TASS. Revenues from these exports nearly doubled to 04 billion, driven by rising global oil prices.
Coverage Comparison
TASS, citing the IEA's monthly report, reported the export and revenue figures, highlighting the month-on-month growth and the near-doubling of revenues. In a separate report, TASS relayed a Financial Times (FT) story on Singapore's sharp increase in imports of Russian petroleum products, attributing the shift to Middle East supply disruptions and the conflict around Iran. The two reports together paint a picture of Russia's growing presence in global energy markets, both in terms of export volumes and as a supplier to new markets.
Key Claims
Export volumes: Russia's oil and petroleum product exports rose by 7% month-on-month in March 2026 to 13 million barrels per day, according to the IEA via TASS.
Revenue increase: Revenues from export supplies almost doubled to 04 billion, with oil export revenues at 45 billion (up 41 billion from February) and petroleum product revenues at 59 billion (up 88 billion). Year-on-year, revenues gained 76 billion.
Breakdown of deliveries: Oil deliveries increased by 270,000 barrels per day in March, while petroleum product supplies added 50,000 barrels per day.
Singapore imports: Singapore has sharply increased its imports of Russian petroleum products, with April volumes more than double the 2025 average monthly level, according to the FT as cited by TASS.
Shift in supply sources: Supplies from Persian Gulf countries fell to 336,000 barrels per day in March and April from 522,000 at the start of the year, while Russian supplies rose to 585,000 barrels, with April volumes potentially reaching the highest since 2016, per the FT.
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Each row is one claim, attributed to the outlet whose wording states it most clearly. Confidence rates how directly the source text states the claim — explicit and unhedged rates high; hedged, pieced-together, or internally inconsistent statements rate lower. It does not measure whether the claim is true. Status is Contested when two claims on this page negate each other; otherwise it counts the distinct outlets we found asserting it — so a single-source claim can still show high confidence, and a multi-source claim can show medium. Every one of those outlets is named beside the status, so you can check the count against the list. For claims extracted before we began storing that list, the row says so: it names the outlet the claim is quoted from and states that we have not recorded which outlets backed it. Outlets wrote at different times, so a figure that evolves — a casualty count, for example — can legitimately differ between rows; check the "as of" time next to each claim's source.
Claim
Confidence
Status
ClaimRussia's exports of oil and petroleum products rose by 4.7% in March 2026 month-on-month to 7.13 mln barrels per day.
ClaimRevenues from oil exports totaled $11.45 bln last month, which is $5.41 bln higher than in February, while revenues from exports of petroleum products amounted to $7.59 bln.
ClaimThe increase in Singapore's imports of Russian petroleum products is due to the consequences of the conflict around Iran and restrictions on shipping through the Strait of Hormuz.
ClaimSupplies from the Persian Gulf countries fell to 336,000 barrels per day in March and April from 522,000 at the start of the year, while Russian supplies rose to 585,000 barrels.