Russia’s oil revenue decreased by 25 percent

Russia’s oil export revenue decreased by 25 percent in the January-April period compared to the same period last year, falling to 30 billion dollars.

According to Russian Federal Customs Service data, the country’s oil export volume decreased by 3.8 percent in the first 4 months of the year compared to the same period of 2019, falling to 84.9 million tons.

During the said period, Russia’s oil export revenue decreased by 25 percent to 30 billion dollars.

The country’s income from oil exports decreased by 6 percent last year compared to the previous year, falling to 121 billion dollars.

Oil and natural gas exports make up about 40 percent of the federal budget in Russia.

Source: https://www.aa.com.tr/tr/ekonomi/rusyanin-petrol-geliri-yuzde-25-azaldi/1872097

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