neutral
5 days agoRussia’s monthly oil and gas revenue plunges ~35% amid weak crude and strong rouble
Provisional estimates show Russia’s oil and gas revenue may fall by around 35% in November year-on-year, to roughly 520 billion roubles ($6.6 billion), as lower global crude prices and a firmer rouble cut proceeds. The drop hits a major revenue stream for the government at a time of elevated defense and social spending. Analysts warn continued declines could force budget adjustments or borrowing, increasing pressure on Russia’s economic resilience amid sanctions and war related outlays.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
5 days agoRussia’s monthly oil and gas revenue plunges ~35% amid weak crude and strong rouble
Provisional estimates show Russia’s oil and gas revenue may fall by around 35% in November year-on-year, to roughly 520 billion roubles ($6.6 billion), as lower global crude prices and a firmer rouble cut proceeds. The drop hits a major revenue stream for the government at a time of elevated defense and social spending. Analysts warn continued declines could force budget adjustments or borrowing, increasing pressure on Russia’s economic resilience amid sanctions and war related outlays.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
75 words
Russia’s oil and gas earnings plummet 35% in November as global crude softens and currency gains reduce dollar-equivalent proceeds.
Provisional estimates show Russia’s oil and gas revenue may fall by around 35% in November year-on-year, to roughly 520 billion roubles ($6.6 billion), as lower global crude prices and a firmer rouble cut proceeds. The drop hits a major revenue stream for the government at a time of elevated defense and social spending. Analysts warn continued declines could force budget adjustments or borrowing, increasing pressure on Russia’s economic resilience amid sanctions and war related outlays.
Provisional estimates show Russia’s oil and gas revenue may fall by around 35% in November year-on-year, to roughly 520 billion roubles ($6.6 billion), as lower global crude prices and a firmer rouble cut proceeds. The drop hits a major revenue stream for the government at a time of elevated defense and social spending. Analysts warn continued declines could force budget adjustments or borrowing, increasing pressure on Russia’s economic resilience amid sanctions and war related outlays.
Nov 27, 2025 • 07:48