Russia's oil and gas revenues drop 25% to 582.5 billion rubles in September

Russia"s oil and gas revenues decreased by nearly 25% in September 2025, totaling 582.5 billion rubles, down from 771.9 billion rubles in September 2024, according to the Russian Finance Ministry. Year-to-date revenues have also declined by 20.6%, falling from 8.327 trillion rubles to 6.609 trillion rubles.

Although there was an increase from August"s revenues of 505 billion rubles, the ministry projects a negative impact of minus 26.9 billion rubles for October. Finance Minister Anton Siluanov has indicated that further declines in revenues are expected through 2026.

For more on related developments, see how Taiwan has become the largest importer of Russian oil in 2025.