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Russia's Oil and Gas Revenues to Rise 10% in October
Original: Russia’s Oil and Gas Revenues Set to Rise 10% to $12 Billion in October
Russia's oil and gas revenues are projected to increase by roughly 10% in October, reaching an estimated $12 billion for the month. The expected rise points to firmer hydrocarbon earnings despite continued Western sanctions on Russian energy exports. The figures underline how much Moscow's budget still depends on fossil fuel income as the war in Ukraine continues.
Why now: Sanctioned Russian energy revenues remain a key gauge of the war economy's resilience.
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- Russia’s Oil and Gas Revenues Set to Rise 10% to $12 Billion in October · Modern Diplomacy
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