Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results ...Middle East

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Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening discounts on Russian crude, and a stronger ruble weighed heavily on earnings, despite steady production and continued investment in flagship projects like Vostok Oil. Russia’s state-controlled oil major Rosneft posted net income of RUB 245 billion in H1 2025, down from RUB 773 billion a year earlier. EBITDA fell 36% to RUB 1,054 billion, while revenues dropped 17.6% to RUB 4.26 trillion. Free cash flow collapsed 75% to RUB 173 billion,…

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Last updated : 01 September 2025 clock 05:41 AM

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Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results ...Middle East

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