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This was reported by the Ministry of Finance of Russia, reports The Moscow Times.
In July 2025, the Russian budget received 787.3 billion rubles ($ 8.75 billion) of oil and gas income-28% less than in the same period last year. The reasons for the fall were the decrease in the global oil prices and the strengthening of the ruble.
This is the third month in a row when the fall reached about 30%. In total, in 7 months, revenues decreased by 1.2 trillion rubles ($ 13.3 billion) – up to 5.52 trillion rubles ($ 61.3 billion), which is 19% less than a year.
Particularly sharply fell in receipts from the extraction of minerals (NDPI) – by 38%, up to 634.1 billion rubles ($ 7.05 billion). Of these, 543.4 billion ($ 6.04 billion) from oil companies. Gas income has fallen more than twice – only 51.1 billion rubles ($ 568 million) per month (-53%).
Because of this, the Russian authorities have already adjusted the plan: instead of 10.94 trillion rubles ($ 121.6 billion), oil and gas income expected only 8.32 trillion ($ 92.4 billion). This will lead to further expenses from the National Welfare Fund (FNB), whose reserves have already been reduced almost three times – to 4 trillion rubles ($ 44.4 billion).
A new blow to the budget can be an 18th package of EU sanctions with a flexible “ceiling” of prices: instead of a fixed $ 60 per barrel it will be 15% below the market price-that is, about $ 47.6.
Read also: Truce. Nadiya Russian leaders to save the economy
Recall:
Russian oil and gas revenues will fall in July by about 37% compared to the same month of 2024 to 680 billion rubles ($ 8.66 billion) due to cheaper oil and stronger national currency.
In April, Russia earned $ 13.2 billion from raw oil and petroleum exports, which is the lowest in almost two years.
In the first quarter of 2025, exports of goods from Russia decreased to $ 94.9 billion, which is 6.8% less than in the same period last year.
Russian oil revenues remain on the verge of a two -year minimum, despite the increase in exports.
”, – WRITE: epravda.com.ua
This was reported by the Ministry of Finance of Russia, reports The Moscow Times.
In July 2025, the Russian budget received 787.3 billion rubles ($ 8.75 billion) of oil and gas income-28% less than in the same period last year. The reasons for the fall were the decrease in the global oil prices and the strengthening of the ruble.
This is the third month in a row when the fall reached about 30%. In total, in 7 months, revenues decreased by 1.2 trillion rubles ($ 13.3 billion) – up to 5.52 trillion rubles ($ 61.3 billion), which is 19% less than a year.
Particularly sharply fell in receipts from the extraction of minerals (NDPI) – by 38%, up to 634.1 billion rubles ($ 7.05 billion). Of these, 543.4 billion ($ 6.04 billion) from oil companies. Gas income has fallen more than twice – only 51.1 billion rubles ($ 568 million) per month (-53%).
Because of this, the Russian authorities have already adjusted the plan: instead of 10.94 trillion rubles ($ 121.6 billion), oil and gas income expected only 8.32 trillion ($ 92.4 billion). This will lead to further expenses from the National Welfare Fund (FNB), whose reserves have already been reduced almost three times – to 4 trillion rubles ($ 44.4 billion).
A new blow to the budget can be an 18th package of EU sanctions with a flexible “ceiling” of prices: instead of a fixed $ 60 per barrel it will be 15% below the market price-that is, about $ 47.6.
Read also: Truce. Nadiya Russian leaders to save the economy
Recall:
Russian oil and gas revenues will fall in July by about 37% compared to the same month of 2024 to 680 billion rubles ($ 8.66 billion) due to cheaper oil and stronger national currency.
In April, Russia earned $ 13.2 billion from raw oil and petroleum exports, which is the lowest in almost two years.
In the first quarter of 2025, exports of goods from Russia decreased to $ 94.9 billion, which is 6.8% less than in the same period last year.
Russian oil revenues remain on the verge of a two -year minimum, despite the increase in exports.