Russia’s Oil Revenues Increased in July Due to Rising Prices

Доходи Росії від нафти зросли в липні завдяки росту цін. РФ здатна наростити видобуток протягом найближчих трьох місяців.

In July 2025, the Russian Federation’s revenues from oil and petroleum product exports increased by $0.9 billion, reaching $14.32 billion. The primary reason for this growth was the rise in global energy prices.

This is reported by Business • Media

Changes in Oil and Petroleum Product Export Volumes

Oil exports from Russia last month rose by 0.02 million barrels per day, totaling 4.67 million barrels per day. At the same time, petroleum product sales increased by 0.06 million barrels per day, reaching an overall figure of 2.62 million barrels per day. The value of oil exports in July rose by $0.46 billion to $8.94 billion, while petroleum products increased by $0.47 billion to $5.39 billion.

Production and Prospects for Volume Increase

According to the International Energy Agency, in July 2025, the Russian Federation produced 9.20 million barrels of oil per day, slightly less than in June (9.23 million barrels per day). However, analysts predict a potential increase in production over the next three months to 9.4 million barrels per day, with the possibility of maintaining this level in the long term.

“Russia’s revenues from oil and petroleum product exports increased by $0.9 billion to $14.32 billion in July due to rising prices.”

At the same time, in July, there was a decrease in railway exports of Russian liquefied natural gas (LNG), which amounted to 261,000 tons, 5% less than the previous month. The decrease in exports is attributed to a seasonal increase in domestic demand and maintenance work at gas processing plants. Despite this, LNG supplies to China increased by 44%.