Russia Expects 52 Percent Drop in March Energy Revenue
Russia expects March oil and gas revenues to fall 52% to 520 billion roubles. The decline follows weaker prices and a stronger rouble in the previous month.
Xurve View
Insights:
Xurve View
Federal budget proceeds from taxes on oil and gas in Russia are projected to fall by 52% in March compared to the same period last year. According to Reuters calculations, revenues are expected to reach 520 billion roubles ($6.4 billion), down from the figures recorded in March 2025. This decline is attributed primarily to weaker oil prices and a strengthening rouble during the preceding period.
