Russian oil revenue

Russia's energy revenues surge 60% in July

Russian oil and gas revenues are set to rise 60 percent in July year-over-year, Reuters reported on July 23, citing own calculations.

23 July, 11:56 PM

Russia sells 22 tons of gold as budget deficit widens and oil revenue weakens

Russia’s central bank sold 21.772 tons of gold in the first months of 2026 to help finance a budget deficit that reached 4.6 trillion rubles by the end of March, as oil and gas revenue weakened early in the year, The Moscow Times reported on April 20.

21 April, 04:52 PM

Russia’s oil revenue rebounds as higher prices boost Kremlin war funding

Russia’s revenue from oil and petroleum products in March nearly doubled from February, when it fell to its lowest level since the start of the war in Ukraine in 2022, Reuters reported on April 14, citing International Energy Agency data.

14 April, 06:11 PM

Russia’s oil and gas revenues fall 43% in March despite rising prices

Russia’s federal budget revenue from oil and gas fell 43% year over year in March to 617 billion rubles, down by 464 billion rubles, The Moscow Times reported.

3 April, 05:13 PM

South Korea revives Russian naphtha imports as Middle East turmoil scrambles fuel flows

South Korea’s Industry Ministry confirmed that 27,000 tons of Russian naphtha arrived in the country on March 30, Reuters reported.

30 March, 01:15 PM

Ukraine strikes Russian oil hub, wrecking Putin’s bid to cash in on Iran war

Ukraine’s drone strikes on Russian oil infrastructure have blocked the Kremlin from cashing in on the war involving Iran and undercut dictator Vladimir Putin’s attempt to profit from turmoil in global energy markets, The Telegraph reported on March 27.

27 March, 02:17 PM

40% of Russia’s oil export capacity now paralyzed

Ukrainian drone attacks and detentions of Russian “shadow fleet” tankers have disabled at least 40% of Russia’s crude oil export capacity, Reuters reported on March 25.

25 March, 11:56 PM

Russia earns €7.7B as Iran war drives oil surge, boosts Kremlin cash

Russia earned €7.7 billion from fossil fuel exports in the first two weeks of the war in Iran following U.S. and Israeli strikes at the end of February, data from the Centre for Research on Energy and Clean Air (CREA) show, Euronews reported on March 19.

20 March, 12:50 PM

Merz, Starmer and Macron press Trump to keep sanctions on Russian oil

European leaders urged U.S. President Donald Trump not to ease sanctions on Russian oil during a G7 call, Axios reported on March 13, citing two officials familiar with the discussion.

13 March, 04:27 PM

Russia’s corporate sector suffers losses across key industries

The financial performance of Russian companies has worsened sharply amid slowing economic growth and mounting structural problems, The Moscow Times reported on March 13.

13 March, 01:15 PM

Russia earns $150 million a day from oil as Middle East war drives prices higher

Russia is earning up to $150 million a day from oil sales after the start of the Middle East war, making Moscow the “biggest winner” of the conflict, the Financial Times reported on March 13.

13 March, 12:35 PM

Russia cuts $25 billion in spending to plug deficit gap

Moscow is preparing to cut up to RUB2 trillion ($25 billion) from federal and regional budgets (0.8% of GDP) to try and tame the ballooning state budget deficit, Bloomberg reported on March 12, citing sources.

12 March, 10:28 PM

Russia’s oil and gas revenues fall 44% year-on-year in February 2026

Russia’s federal budget revenues from oil and gas fell by 44% in February 2026 compared with the same month in 2025, declining by 339 billion rubles to 432.3 billion rubles, The Moscow Times reported on March 5.

5 March, 02:26 PM

Russia can’t cash in on rising oil

Russia was unable to capitalize on this week’s surge in global oil prices amid the Middle East crisis, as Ukrainian drone attacks and severe winter weather sharply constrained its export capacity, Reuters reported on March 3.

4 March, 12:37 PM

Russia eyeing more oil sales to China but faces steeper discounts

Russia intends to maintain stable Urals crude oil exports in March by boosting shipments to China as India sharply cuts purchases following a trade deal with the United States, but Chinese buyers are pressing for even steeper discounts, Reuters reported on Feb. 26.

27 February, 02:30 PM

Putin warned of coming economic crisis, report says

Officials in Russian dictator Vladimir Putin’s financial team have warned him that Russia is staring at a large-scale economic crisis in Q2 2026, The Washington Post reported on Feb. 5, citing a source with direct knowledge of the matter.

5 February, 10:43 PM

Kremlin oil and gas income drops to five-year low in 2025

Russia’s federal budget revenue from oil and gas fell 24% in 2025 compared with 2024, dropping from 11.13 trillion rubles to 8.48 trillion rubles ($108.03 billion), according to data from Russia’s Finance Ministry cited by Reuters.

16 January, 01:31 PM

Russia’s war economy nears breaking point

Russia’s economy is sliding toward a deep recession and faces the risk of a systemic banking crisis amid falling oil revenues, mounting Western sanctions, and the depletion of financial reserves, The Washington Post reported on Dec. 22, citing economic analysts and official Russian data.

23 December 2025, 08:51 AM

Russian fossil revenues drop to new low

Russia’s fossil fuel exports fell in November to their lowest level since the full-scale invasion, further extending the downward trend in earnings.

16 December 2025, 11:24 PM

Russia’s Rosneft hit by profit plunge

Russia’s largest oil company, Rosneft, reported a 70% drop in net income for January–September compared with the same period last year, Reuters reported on Nov. 28.

1 December 2025, 10:39 AM

Russian oil revenue

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