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Russia’s revenue from oil products exports down 15% in 8 months

The revenue decreased to $43,93 bln

© Stanislav Krasilnikov/TASS

MOSCOW, October 8. /TASS/. Russia's revenue from exports of oil products in January-August 2019 decreased by 15% year-on-year to $43,93 bln, according to the Federal Customs Service of Russia.

Revenue from export sales of gasoline for 8 months decreased by 0.2% to $1,709 bln, from sale of diesel fuel — by 15.1% to $18,947 bln.

Read also

Russia’s extra budget revenues since launch of OPEC+ deal total $107 bln, says RDIF CEO

According to the Customs Service, the volume of oil exports during the reporting period decreased by 10.3% to 91,689 mln tonnes.

The exports of Russian oil in value terms in January-August 2019 lowered by 3.2% year-on-year and amounted to $79.9 bln, according to the Federal Customs Service.

The physical volume of oil exports during the reporting period increased by 2.4% to 173.4 mln tonnes.

In August, oil export revenues decreased by 1.6% compared to July — to $10.3 bln, the volume of exports increased by 0.4% to 23,26 mln tonnes.

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