Russia’s oil and gas revenues hit 18-month high ...News

Soaring crude prices have boosted Moscow’s income from energy exports, according to Rossiyskaya Gazeta   Russia’s proceeds from oil and gas sales surged to their highest level in one and a half years in October, Rossiyskaya Gazeta reported on Wednesday. The country’s revenues from energy exports reached 1.63 trillion rubles ($17.7 billion) last month despite forecasts of a vast deficit, the outlet said. Only once have Russia’s energy revenues been higher – in April 2022, when profits reached 1.8 trillion rubles, the article stated. Soaring prices of Russia’s flagship Urals blend of crude were among the factors co

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