Storyline
In August 2026, Russia's oil revenues fell to a six-month low of 326.2 billion roubles. This represents a 22% decrease compared to August 2025 and a 60% drop from July 2026, attributed to falling Urals oil prices and rising subsidy costs.
From the beginning to today
In August 2026, Russia's oil revenues dropped to their lowest level in six months, totaling 326.2 billion rubles. This represents a 22% decrease compared to August 2025 and a 60% decline from July 2026. The drop in revenues is attributed to falling Urals oil prices and increased subsidies to support the domestic fuel market.
Ukraine's Foreign Intelligence Service reported a decline in Russia's oil and gas revenues in August 2026. According to the Russian Ministry of Finance, revenues dropped to $4.9 billion, the lowest level since the beginning of the year.
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