Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 08/05/2025 12:44:00 PM PDT by marcusmaximus
Russia’s oil and gas revenues continued their steep decline in 2025, falling by 18.5% in the first seven months of the year compared to the same period in 2024, Russian Finance Ministry confirmed.
Between January and July 2025, oil and gas revenues totaled 5.522 trillion rubles ($58.13 billion), reflecting a deepening contraction in one of the Kremlin’s most vital sources of income, Caliber.Az reports per Russian media.
The figures illustrate a clear pattern of accelerating decline: revenue dropped by 3.7% in the first two months, by 10.3% over four months, and by 14.4% through May—culminating in a sharp 27% year-on-year fall in July alone.
In monetary terms, July’s revenues from oil and gas amounted to just 787 billion rubles ($9.86 billion), highlighting the scale of the monthly drop. Simultaneously, budget receipts from the mineral extraction tax (MET) on crude oil and gas condensate fell by an even steeper 34.3%, reaching 885.2 billion rubles ($11.08 billion).
(Excerpt) Read more at caliber.az ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Stalingrad 2.0.
Putin was robbing the state pension fund to prop up the economy.
That is gone. Oil revenues down. Oligarchs are getting restless.
Can Zelenski hołd out until the riots in Moscow start?
Putin should give Hunter a call and put in on the board of directors.
A good sign for the upcoming Ukraine peace talks. Russia derives much of its revenue for conducting the war mostly from oil sales. Now they’re dropping. That means Putin has more incentive than he did to go into the talks and to reach a settlement. Much of this is no doubt due to our own policy of encouraging drilling.
This whole India/Tariff dance should be interesting also. If India cuts Russian imports that certainly isn’t good for Putin. I’m just not sure of the extent. I also don’t know the long-term impact the drone strikes have had on Russian refining.
Wishful thinking. Russia is not going to collapse - not only that, you don’t want them to collapse - they have a huge number of nukes and the means to deliver them.
So we are supposed to hate Russians, Chinese, Arabs? No thanks. That is just xenophobia - no different than the KKK.
The whole reason for the war is that the West lusts for the natural resources of Russia - lots of oil etc.
The predictions about Russia and China have been consistently wrong for years now - I know why you believe this - psych ops work.
Our government should not be using the psych ops on us - both parties do it - simply evil. Only fools listen to the war drums.
Russia is a craphole. So is India and the rest of BRICS. Eff them.
Bkmk
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.