Russia’s oil revenues fall in June 13:02

Russia’s oil export revenues fell by $190 million in the month, from $11.02 billion in May to $10.97 billion in June. He says In a report prepared by the International Energy Agency (IEA).

During the period, the Russian budget’s income from the sale of petroleum products fell from $5.84 billion to $5.7 billion.

The IEA also noted that Russia reduced its energy exports in June, including to its main buyers, China, India, Turkey and the Middle East. Thus, sales of Russian oil fell from 5 to 4.9 million barrels per day (b/d) during the month, and sales of petroleum products from 2.8 to 2.6 million b/d. At the same time, fuel exports to an “unknown destination” increased by 0.9 b/d to 1.3 million b/d.

In May, the Russian Federation was the leader in oil supplies to China and India. Russia’s share in Chinese and Indian imports amounting to 19% and 41% respectively. Oil and gas revenues of the Russian Federation in the first half of the year grew up It increased by 68.5%, reaching 5.7 trillion rubles.

Formerly, Ministry of Finance of the Russian Federation sort of There has been a budget deficit for six months.

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Source: Gazeta

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