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Russia's oil and gas revenue halved in January y/y to lowest since July 2020

ReutersFeb 4, 2026 9:14 AM

- Russian state oil and gas revenue halved in January year on year to a lowest level since July 2020, reaching 393.3 billion roubles ($5.10 billion), finance ministry data showed on Wednesday, due to lower crude prices and a stronger rouble.

The budget revenue was also down last month from 447.8 billion roubles in December 2025.

($1 = 77.1000 roubles)

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