SCO & BRICS latest news and insights
— In-depth analysis and comments

Russia replenishes its treasury and reserves

By Rhod Mackenzie

Russia's oil and gas revenues have continued to grow since the beginning of the year. This extra cash has made it possible to resume replenishing the country's reserves. However, the situation has become quite ambiguous and the risks of a decline in the country's income have not...

Russia Sanctions Oil India Income Central Bank Revenues
Russia earns more from oil exports than before SMO

By Rhod Mackenzie

Russia's net revenues from oil sales in October amounted to $11.3 billion, or 31% of the country's total budget revenues for the month. This was the highest figure since May 2022 and exceeds the figure for any month before the start of the Russian special military operation in Uk...

Russia Sanctions EU Oil Transportation Income Revenues