Russian oil revenue decline

Russian oil revenues continue to slump

In August 2026, Russia’s revenue from oil sales fell to its lowest level in six months as export prices declined, putting additional pressure on the Kremlin’s wartime budget, Bloomberg reported on Sept. 3.

3 September, 07:55 PM

Rosneft, Russia’s top oil producer, suffers profit decline in first half of year

Russia's largest state-controlled oil company, Rosneft, which accounts for roughly half of the country's total crude output, saw its first-half net profit fall, The Moscow Times reported on August 31.

1 September, 01:21 PM

Rerouted Persian Gulf oil pipelines threaten Russia's energy revenues

The ongoing crisis in the Persian Gulf poses a lethal threat to Russia's Urals crude oil as energy-producing nations bypass the Strait of Hormuz, Ukraine's Foreign Intelligence Service (FIS) wrote on July 28.

28 July, 11:00 AM

Russia desperately scrambles to refill its National Wealth Fund with gold

To refill Putin's "piggy bank," the Russian Ministry of Finance will buy foreign currency and gold for the third consecutive month, The Moscow Times reported on July 3.

6 July, 12:30 PM

Leading economist says Russia risks inflation surge amid fiscal and credit crisis

Russian economist Igor Lipsits, who now lives in Lithuania, told NV that Russia’s banking troubles and widespread utility breakdowns are not isolated accidents but the logical outcome of state-driven processes. He also explained when low oil prices could fatally undermine the federal budget.

11 February, 11:51 AM

Russian oil revenue decline