Reports indicate that Russia earned $11.3 billion from oil income in October.

Posted by

Russia’s oil income stands at $11.3 billion in October: Reports

According to recent reports, Russia’s oil income reached $11.3 billion in October, highlighting the country’s significant reliance on oil exports for revenue. This figure is a slight increase from the $10.8 billion in September, a trend reflecting the volatility of global oil prices and Russia’s role as one of the world’s leading oil producers.

The Russian economy has long been closely tied to the oil industry, with oil and gas exports accounting for a substantial portion of the country’s overall income. As one of the top global exporters of crude oil, Russia’s economy is heavily influenced by fluctuations in oil prices, making it vulnerable to the inherent volatility of the energy market.

The recent rise in oil income comes as welcome news for Russia, which has been grappling with economic challenges exacerbated by the COVID-19 pandemic and international sanctions. The increase in oil prices has provided a much-needed boost to the country’s balance of trade and budget revenues, offering some relief to Russia’s economic woes.

However, while the increase in oil income has provided a temporary reprieve for Russia, it also underscores the country’s continued dependence on oil exports. This reliance on oil revenues exposes Russia to the risks associated with a commodity-driven economy, leaving it vulnerable to market volatility and geopolitical factors that can impact energy prices.

Furthermore, Russia’s heavy reliance on oil and gas exports has also drawn criticism from environmental advocates, who argue that it perpetuates the country’s dependence on fossil fuels and hinders efforts to transition to cleaner, renewable energy sources. As the world increasingly prioritizes sustainability and climate action, Russia’s reliance on oil income may become a liability in the long term.

Looking ahead, Russia’s oil income is likely to remain a key factor in the country’s economic outlook, particularly as global energy markets continue to evolve. While the recent increase in oil revenues provides a welcome boost, it also underscores the need for Russia to diversify its economy and reduce its dependence on oil exports in order to build a more resilient and sustainable economic future.

0 0 votes
Article Rating
26 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
@b3drasse885
10 months ago

Doctor my foot! Talking too much and talking nonsense

@erenyilmaz5718
10 months ago

The world witnesses a kaleidoscope of compassion, each color representing a nation that stands firm with Ukraine.

@gundamwing9932
10 months ago

Don't forget that China buys a lot of oil from Russia and so as Mongolia, and other former Soviet States buy oil from Russia, their is also Greece who acts as the middle man, to sell oil for Russia, like India they get their cut and Russia gets its money.

@gundamwing9932
10 months ago

Ya know, the real reason why Russia is able to circumnavigate sanctions was that India sell their oil for them, it benefits them both of them , India gets their cut ,Russia gets its money.

@teddycharm191
10 months ago

This lady guest is so foolish, whatever they are paying her to say these stupid things??… how can a country turn away from cheap comodity from a country that you dont have??… just to please another country who isn't in europe and making your own ppl suffer and finding stupid excuses is crazy😮

@emmanueladolf7789
10 months ago

She talks too much without facts.

@dryohanamwandamd1857
10 months ago

She doesn’t know anything about Russia

@Rhron
10 months ago

Russia may have brought in $11,3 billion during October, but how much does it cost Russia to extract and ship the oil during the same period?

@danielbailey5849
10 months ago

Sanctions one country to make one country happy is sad,

@ibrahimmuhammed6210
10 months ago

What is she talking about, Germany economy is down now

@Dumka78
10 months ago

She is not speaking fact just assumptions. Wishful thinking.

@ninzki143
10 months ago

Unlike the UrkNazi regime, Beggensky is begging for foreign aid to continue their UrkNazi regime's massive corruption scheme while people are dying and suffering

@johnnysins6851
10 months ago

Remember
Usa has been buying goods from Russia 😂😂

@mychannltv1483
10 months ago

The new world cant run without oil… .its just the way it is… .and russia have plenty of it… ,.

@Jonathan_Torres1992
10 months ago

(Daniel 9:27 was fulfilled on August 13 2023 also when the woman began travailing in birth to fulfill the time of the gentiles for the mystery of Revelation 12 to be completed, Daniel 12:1 next, three riders released within 2020 and 2023. These words are true and worthy, he who has ears to hear let him hear, blessed is he who understands.)

“And as he sat upon the mount of Olives, the disciples came unto him privately, saying, Tell us, when shall these things be? and what shall be the sign of thy coming, and of the end of the world?”

Gospel of Matthew, chapter 24, verse 3.

“And he said, Take heed that ye be not deceived: for many shall come in my name, saying, I am Christ; and the time draweth near: go ye not therefore after them. But when ye shall hear of wars and commotions, be not terrified: for these things must first come to pass; but the end is not by and by. Then said he unto them, Nation shall rise against nation, and kingdom against kingdom: and great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.”

Gospel of Luke, chapter 21, verse 8 to 11.

“All these are the beginning of sorrows. Then shall they deliver you up to be afflicted, and shall kill you: and ye shall be hated of all nations for my name's sake. And then shall many be offended, and shall betray one another, and shall hate one another.”

Gospel of Matthew, chapter 24, verse 8 to 10.

“And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring; men's hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken. And then shall they see the Son of man coming in a cloud with power and great glory. And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.”

Gospel of Luke, chapter 21, verse 25 to 28.

“For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his Son into the world to condemn the world; but that the world through him might be saved. He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God.”

Gospel of John, chapter 3, verse 16 to 18.

“For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures: And that he was seen of Cephas, then of the twelve: After that, he was seen of above five hundred brethren at once; of whom the greater part remain unto this present, but some are fallen asleep.”

First Corinthians, chapter 15, verse 3 to 6.

“Repent therefore of this thy wickedness, and pray God, if perhaps the thought of thine heart may be forgiven thee.”

Acts, chapter 8, verse 22.

“Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God.”

Gospel of John, chapter 3, verse 3.

“From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand.”

Gospel of Matthew, chapter 4, verse 17.

“After two days will he revive us: in the third day he will raise us up, and we shall live in his sight.”

Hosea, chapter 6, verse 2.

“But, beloved, be not ignorant of this one thing, that one day is with the Lord as a thousand years, and a thousand years as one day.”

Second Peter, chapter 3, verse 8.

“knowing this first, that there shall come in the last days scoffers, walking after their own lusts, and saying, Where is the promise of his coming? for since the fathers fell asleep, all things continue as they were from the beginning of the creation.”

Second Peter, chapter 3, verse 3 to 4.

“For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.”

First Thessalonians chapter 5, verse 3.

“For the Lord himself shall descend from heaven with a shout, with the voice of the archangel, and with the trump of God: and the dead in Christ shall rise first: then we which are alive and remain shall be caught up together with them in the clouds, to meet the Lord in the air: and so shall we ever be with the Lord.”

First Thessalonians, chapter 4, verse 16 to 17.

“in a moment, in the twinkling of an eye, at the last trump: for the trumpet shall sound, and the dead shall be raised incorruptible, and we shall be changed.”

First Corinthians, chapter 15, verse 52.

“I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left. Two women shall be grinding together; the one shall be taken, and the other left. Two men shall be in the field; the one shall be taken, and the other left.”

Gospel of Luke, chapter 17, verse 34 to 36.

……………

@rushawniecollins2784
10 months ago

she is just talking trash, she is completely clueless as to what is going on.

@drfatz7111
10 months ago

Putin is a war criminal…..but Netanyahu is still leader of morality after committing double or triple…..henious war crime.
Shameless also bows down in front of their hypocrisy.

@Votersarestupid
10 months ago

Lol it'll go towards his invasion, not his people

@methodman3489
10 months ago

Lord Putin knows how to make the west fools upon fools until they run to Russia for help

@ezekielkrawere9593
10 months ago

She's just making assumptions about Russia economy all along in this interview.She's not sure of what she's talking about😂🤣😂🤣🤣😂🤣😂