Free Trial

Russia’s Oil And Gas Revenues Below Expectations

OIL

Oil and gas revenues in Russia’s October budget are 7.5bn rubles ($121mn) less than previously forecast, the Finance Ministry said in a statement.

  • Revenues are expected to increase in November. The volume of additional oil and gas revenues in the Russian budget, associated with an increase in the actual oil price above the baseline level, is estimated at 282.8 bn rubles ($4.6 bln) for November, the ministry added.
  • To read the full story

    Close

    Why MNI

    MNI is the leading provider

    of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

    Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.