In April, Russia's oil revenue more than doubled compared to the same period last year, reaching 1.23 trillion roubles, despite a slight decrease from March's 1.3 trillion roubles. This surge is attributed to a weaker ruble and higher prices for Urals crude oil, despite international sanctions and price caps on Russian oil that are hard to enforce. Additionally, Russia's Tuapse Oil Refinery, which was damaged by fire in January, has resumed oil processing. The country is also expected to collect around $125 billion in oil and gas federal revenues in 2024, with a fiscal position sustainable at any Brent price above $70.
Russia's seaborne crude exports this year are running ahead of last year's level, boosted by attacks on refineries that have hit processing rates, writes @JLeeEnergy https://t.co/pmBrjqttyx
Russia's seaborne crude exports this year are running ahead of last year's level, boosted by attacks on refineries that have hit processing rates, writes @JLeeEnergy https://t.co/2nOuWh2yVE
Russia's seaborne crude exports this year are running ahead of last year's level, boosted by attacks on refineries that have hit processing rates, writes @JLeeEnergy https://t.co/Off67coWpN
Russia's seaborne crude exports this year are running ahead of last year's level, boosted by attacks on refineries that have hit processing rates, writes @JLeeEnergy https://t.co/xjOHSmszBP
#India's April fuel demand edges up 6.1% year-on-year #oott https://t.co/yzkeVnVFTd
#Russia is working on possibility of lifting gasoline export ban, says Ifax #oott https://t.co/yfLth7rAlM
#India: Strong demand in the third largest oil consumer April oil demand rose by 6.1% y/y to 19.858million tons diesel +1.4% y/y to 7.925mt gasoline +14.1% y/y to 3.284mt LPG +9.5% y/y to 2.358mt Pet coke +21.2% y/y to 1.671mt Naphtha +3.9% y/y to 1.156mt PPAC #oott
#Russia cuts fuel oil supplies by rail for export by 5% in Apr m/m #oott https://t.co/ST20HyvDsr
🇮🇳India's April fuel demand edges up 6.1% year-on-year India's fuel consumption rose by 6.1% year-on-year in April, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Tuesday. Total consumption totalled 19.86 million metric tons (4.85 million…
RUSSIA WILL BOOST EASTWARD OIL EXPORT IN 2024 - IFX CITES TRANSNEFT'S CEO
Russian Oil-Product Cargoes Stranded as South Korea Cracks Down Holdings of naphtha at sea balloon after investigation starts Russian shipments to Taiwan and China increase, Kpler reports #oott https://t.co/2QyxQj8Z3c
#Russia compensated fuel production shortfalls in April — Energy Ministry #oott https://t.co/dONwBtlckw
#Russia increases gasoline output by 4.5%, diesel - by 3.7% last week #oott https://t.co/UY6DaRMbyW
🇷🇺 April tax data suggest Russia's will collect around $125B in oil and gas federal revenues in 2024 Russia's fiscal position will remain relatively sustainable at any Brent price north of $70 https://t.co/MPWowjnjIS
Russia saw its oil revenue double in April despite Western sanctions https://t.co/mzHwrNeoRt
#Russia's Tuapse oil refinery restarts after January fire, sources say #oott https://t.co/LJSRoiJfjo
Kazakh refinery to export gasoline made from Russian oil #oott https://t.co/HmVUbecxAz
#Russia’s Budget Is Getting Twice as Much Oil Money as a Year Ago Weaker ruble, higher Urals price contribute to revenue surge Price caps on Russian oil hard to enforce: western insurers #oott https://t.co/qPRAWXOzuI
#Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions. /via @markets https://t.co/Rr5MMZekxw
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions https://t.co/zp98voEMPT
#OOTT | Reports Russia's Tuapse Oil Refinery, Damaged By Fire In January, Has Resumed Oil Processing, Industry
RUSSIAN STATE'S BUDGET PROCEEDS FROM OIL AND GAS SALES AT 1.23 TRLN ROUBLES IN APRIL FROM 1.3 TRLN ROUBLES IN MARCH -- FINANCE MINISTRY