41% increase in income from the sale of Russian oil and gas
reported by Mehr News Agency, the income from the sale of oil and gas for the Russian federal budget in the first half of the year increased by about 41% and reached 5.698 trillion rubles equal to 65.12 billion dollars.
In the first half of 2024, the price of a barrel of Russian Ural oil reached 69 dollars and 10 cents, which is higher than the price ceiling of 60 dollars of the Group of Seven and higher than 52 dollars and 50 cents in the first half of 2024. It was the first of 2023. During the same period, the ruble depreciated and the ruble exchange rate reached 90.8 rubles per US dollar, compared to 76.9 between January and June 2023.
Russia’s oil and gas revenue compared to 794 billion rubles in May and compared to the forecast of 814 billion rubles In the Reuters poll, it was less.
According to the Russian Ministry of Finance, the revenue from mineral extraction tax increased in June to more than 1 trillion rubles compared to 631.6 billion rubles in the same period of 2023. receipt.
The Russian government has forecast 10.7 trillion rubles from oil and gas sales for federal revenue in 2024, which is 21 percent higher than in 2023.
