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"path": "/russia/166676-russia-budget-deficit-oil-gas-revenues-collapse-2026/",
"publishedAt": "2026-05-08T14:00:00.000Z",
"site": "https://english.pravda.ru",
"tags": [
"Russia"
],
"textContent": "Russia's oil and gas revenues fell sharply in January-April 2026, according to data released by the Russian Finance Ministry.\nCompared with the same period last year, revenues from oil and gas exports dropped by more than one-third — down 38.3% to 2.298 trillion rubles. The ministry attributed the decline primarily to lower global oil prices. At the same time, non-oil-and-gas revenues increased by 10.2% to 9.423 trillion rubles.\nThe Finance Ministry expects the federal budget to receive 8.919 trillion rubles in oil-and-gas revenues and 31.365 trillion rubles in non-energy revenues over the course of 2026.",
"title": "Russia’s Oil and Gas Revenues Collapse by Nearly 40% in Early 2026"
}