Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

The Revenues of Russian Budget from Oil Exports Grew Up
May 10, 2018 14:37


The revenues of Russian budget from oil exports in January-March of this year grew by 21 percent in annual terms and amounted to 28.2 billion US dollars, according to the materials of the Federal Customs Service (FCS). At the same time, the volume of foreign oil supplies decreased by 1.5 percent to 61.6 million tons.

Moreover, the export of petroleum products decreased by 1.6 percent to 40.6 million tons.

In May, the Finance Ministry plans to purchase foreign currency for more than 320 billion rubles. This volume will become a record for the entire history of foreign exchange purchases by the Ministry of Finance.

In April, oil and gas analysts polled by CNBC, said that oil prices would rise soon to $ 100 per barrel against the heightened tensions in the Middle East. Since this February, world oil prices have been growing. On May 7, the futures for Brent raw materials rose to $ 76 per barrel for the first time since the end of November 2016.


Author: Anna Dorozhkina

Tags: Russian oil and gas industry     

Next Previous

You might also find interesting:

Is Trump Really "Friendly" For Russia? In 2017, the Production of Hydrocarbons in Russia Amounted to 10.9 Million Barrels Per Day International Flyboard Competition Will Be Held In Gelendzhik Russian-Turkish Technological Cooperation Cryptocurrency Prohibition

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
Sokolniki  Kolomenskoe  Moscow  Dmitry Plavinsky  Russian history  Russian human rights activists  English Yard  Miniatures  Russian tourism  nuclear energy  Russian business  Moscow scyscrapers  TNK-BP  Russian religion  Krasnoyark Region  Mercedes-Benz Fashion Week Russia  poverty  terrorism  Sochi 2014  Exhibitions in Moscow  Russian church  Alexander Lebedev  Exhibitions in St. Petersburg  environment  Sochi Olympics  Kirillo-Belozersky Museum  Sergey Kupriyanov  St. Petersburg  Russian Literature  St. Petersburg Bridges  Russian tourist destinations  Krasnoyarsk  Academicians  Honey Waterfalls  Russian Cinema  Russian Railways  Mokshan  Romanovs  Moscow Conservatory  Siberia  book hotels in Russia  Concerts in Moscow  Vasily Sitnikov  The Great Ball Exhibition  Chelyabinsk  Vladimir Vernadsky  Yakutsk  Russian designers  Archeology  Moscow Vnukovo 

Travel Blogs
Top Traveling Sites