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Russia's Oil Revenue Plummets Amid Export Declines and Strikes

11/14/2025

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Summary

Story summary

In October 2025, Russia's oil and refined-product revenues fell to $13.1 billion, down $2.3 billion from the prior year.
The decline reflects lower export volumes, weaker prices, and Ukrainian drone strikes on oil infrastructure.
Oil exports declined by 150,000 bpd to 7.4 million bpd.
Crude exports dropped to just over 5 million bpd.
Production remained at 9.28 million bpd, with MorExport, RusExport, and NNK exporting about 1 million bpd.

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Story summary

In October 2025, Russia's oil and refined-product revenues fell to $13.1 billion, down $2.3 billion from the prior year.
The decline reflects lower export volumes, weaker prices, and Ukrainian drone strikes on oil infrastructure.
Oil exports declined by 150,000 bpd to 7.4 million bpd.
Crude exports dropped to just over 5 million bpd.
Production remained at 9.28 million bpd, with MorExport, RusExport, and NNK exporting about 1 million bpd.