Russia Faces Sharp Drop in Oil Tax Revenue at Start of 2026 ...Middle East

OILPRICE - Economy
Russia Faces Sharp Drop in Oil Tax Revenue at Start of 2026
source : OILPRICE ( Middle East ) () 15
Russia is heading into 2026 with a familiar problem wearing a sharper edge: the oil revenues that bankroll its budget — and its war — are shrinking fast. According to Reuters calculations released Friday, Russia’s tax proceeds from crude oil production in January could fall to about 380 billion roubles ($4.7 billion), the lowest monthly take since late 2022. That would mark a 16% drop from December and a collapse of more than 50% compared with January last year. For a government that still leans heavily on oil income to fund military…

Hence then, the article about russia faces sharp drop in oil tax revenue at start of 2026 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia Faces Sharp Drop in Oil Tax Revenue at Start of 2026 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
CGTN : Comment la Chine favorise un développement de haute qualité grâce à l'innovation technologique
PR Newswire - before 9 hours & 9 minute
Sweden's Vattenfall Seeks State Funding for New Nuclear Reactors
OILPRICE - before 5 hours & 30 minute
Supply and Tariff Woes Send Copper Prices to Record High above $12,000
OILPRICE - before 4 hours
Iraq Pulls the Plug on Iranian Gas
OILPRICE - before 4 hours & 24 minute
Premium Bonds prize checker: When is January’s NS&I draw and how can I check if I’ve won?
INDEPENDENT - before 11 hour & 59 minute
Flipcause Initiates Voluntary Court-Supervised Restructuring to Stabilize Operations and Protect Nonprofit Partners
PR Newswire - before 7 hours & 6 minute
Inside China's Diverse Investment Strategy Across Central Asia
OILPRICE - before 2 hours & 54 minute
HCLSoftware fait l'acquisition de la startup Wobby, spécialisée dans les agents d'analyse de données d'IA
PR Newswire - before 9 hours & 33 minute
How giving up on homeownership could be changing young Americans’ lives
Washington Post - before 10 hours & 41 minute
Historic $15 Million Gift Fuels Breakthrough Cancer Care at Hartford HealthCare St. Vincent's Medical Center
PR Newswire - before 5 hours & 30 minute
Sanctioned Ships Still Loading Venezuelan Oil Despite U.S. Blockade
OILPRICE - before 7 hours & 50 minute
HUAWEI Mobile Services startet Winterfest-Kampagne und GameCenter-App und bietet festliche Belohnungen und verbesserte Erlebnisse in seinem wachsenden Ökosystem
PR Newswire - before 3 hours & 5 minute


Latest News

Best Self-Employed Accounting Software (Jan 2026): QuickBooks Recognized as Leading HMRC-Ready Tool for UK Freelancers by Consumer365

before hour

The Hidden Risks of Rolling Back Biden's Fuel Efficiency Standards

before hour

Chill-N Nitrogen Ice Cream Wraps Up a Strong 2025 With New Growth and Local Momentum

before hour & 57 minute

Qatar International Food Festival returns with its 15th edition in January

before 2 hours & 11 minute

CES 2026 Preview: Kosmera Prototype Debuts, Redefining the Intelligent Hypercar

before 2 hours & 25 minute

Record Discounts Accelerate Chinese Teapot Purchases of Russia’s ESPO Crude

before 2 hours & 25 minute

Inside China's Diverse Investment Strategy Across Central Asia

before 2 hours & 54 minute

HUAWEI Mobile Services startet Winterfest-Kampagne und GameCenter-App und bietet festliche Belohnungen und verbesserte Erlebnisse in seinem wachsenden Ökosystem

before 3 hours & 5 minute

U.S. Fossil-Fuel Peaker Plants Delay Retirement as AI Power Demand Soars

before 3 hours & 18 minute

Supply and Tariff Woes Send Copper Prices to Record High above $12,000

before 4 hours

Iraq Pulls the Plug on Iranian Gas

before 4 hours & 24 minute

Skywork: A Unified AI Workspace Designed for Multimodal Productivity

before 4 hours & 24 minute

Sweden's Vattenfall Seeks State Funding for New Nuclear Reactors

before 5 hours & 30 minute

Historic $15 Million Gift Fuels Breakthrough Cancer Care at Hartford HealthCare St. Vincent's Medical Center

before 5 hours & 30 minute

Geopolitics Gives Oil a Late-Year Lift

before 5 hours & 45 minute