Russia Ukraine war, page-224185

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    For the trolls who keep believing Russia's oil and gas revenue was going to collapse due to sanctions.

    Read this

    Russia's April oil and gas revenue to double, Reuters calculations show


    MOSCOW, April 24 (Reuters) - Russia's oil and gas revenue in April will almost double year on year to $14 billion thanks to rising prices, Reuters calculations show, emphasising the difficulties Western nations face as they seek to limit Kremlin income and stifle its military might.
    The war in Ukraine has prompted the West to impose multiple sanctions aimed at curbing Russian oil and gas income that accounts for about a third of the country's federal budget.
    Measures have also included restrictions on Russian oil purchases, financial operations and vessels, as well as a $60 a barrel price cap.
    The projected April jump in Russia's oil revenue is bigger in percentage terms than the 30% increase expected for the whole of 2024.
    Reuters calculations show Russia's projected April oil and gas revenue at 1.292 trillion roubles ($14 billion), up from 648 billion roubles in April 2023 and slightly down from the 1.308 trillion roubles last month.
    https://www.reuters.com/business/energy/russias-april-oil-gas-revenue-double-reuters-calculations-show-2024-04-24/
 
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