10 Hrs
Source:
المشهد العربي
Russia's oil income drops 22%
Russia's oil revenues declined by 22% in August, recording their lowest level since February at 326.2 billion rubles (approximately $3.76 billion). This decline was driven by a drop in crude oil prices to around $59 per barrel, down from over $95 during the spring peak. Accordingly, there was a sharp decrease in Russia's budget revenues from the oil sector, amid increased support for domestic refineries to stabilize fuel supplies, with payments exceeding 197 billion rubles.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)