EnergyAfter close
Russia's oil revenues drop amid US sanctions
after close1 source ↓written by the desknot a recommendation
- in October
- 27%
- approximately
- 888.6 billion rubles
- approximately
- $10.9 billion
- year-on-year
- 21%
- totaling
- 7.5 trillion rubles
Russia's oil and gas revenues fell 27% in October, totaling 888.6 billion rubles (approximately $10.9 billion), as new US sanctions tighten on energy exports. This decline is compounded by weak crude prices and a stronger ruble. Over the first ten months of 2025, revenues dropped 21% year-on-year, totaling 7.5 trillion rubles.
This significant revenue loss could pressure Moscow's wartime finances further, impacting global oil supply dynamics and prices.
Not investment advice. For informational purposes only.