Russia’s Oil And Gas Revenues Rose By 15% In September

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Russia’s oil and gas revenues increased by 15% from August to $7.4 billion (739.9 billion Russian rubles) in September, due to higher budget proceeds from the extraction tax and export duties, finance ministry data showed on Wednesday.   Rising oil prices in September led to higher budget proceeds from the so-called mineral extraction tax, according to the data. For January to September, Russia’s oil and gas revenues dropped by 34.5% year-over-year to $56 billion (5.576 trillion rubles). The decline was due to lower natural…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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