Russian oil and gas revenues are expected to increase 49% year-on-year to 8.3 trillion rubles ($89.4 billion) from January to September thanks to higher oil prices and a weak roubles.
Oil and gas revenues are the most important source of cash for the Kremlin, contributing between a third and a half of the total federal budget funding source over the past decade.
Russia's oil and gas revenues in September are estimated to reach 779 billion roubles, up 5% from the same month in 2023, unchanged from August this year.
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