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Russia's oil export revenue increased by 41 percent

Russia's oil export revenue increased by 41 percent in the January-September period compared to the same period of the previous year, reaching 77.9 billion dollars.

Russia's oil export revenue increased by 41 percent

According to the data of the Russian Federal Customs Service, the oil export volume in the country decreased by 5.8 percent in the 9 months of the year compared to the previous year and decreased to 171.3 million tons. Due to the increased oil prices in this period, Russia's oil export revenue increased by 41 percent to 77.9 billion dollars. .
The export volume of Russia's petroleum products increased by 2.7 percent to 109 million tons, and its income increased by 44.8% to 50.2 billion dollars. The export amount of oil and natural gas constitutes approximately 40 percent of the federal budget in Russia.

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