Analysts rely on yearly comparisons because the quarterly collection of the Excess Profits Tax makes month-on-month revenue trends misleading. While extraction taxes are the core revenue generator and are expected to climb, higher collections in October will likely be offset by increased outgoing payments to refiners.
Tuesday, October 20, 2026
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Russia's October Energy Revenue Climbs 10% to $12B
Commodities6 days ago
A spike in Urals crude prices during September is driving a rise in the extraction taxes Moscow collects this month. Reuters calculations indicate that total oil and gas revenue for October will hit $12B, representing a 10% increase from the same period last year.
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