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Russia Adds $120B in Revenue Since OPEC+ Deal

BlackTortoise in Oil (General)

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BlackTortoise    + 103

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Russia has earned at least $120 billion of additional revenue over the two years after signing an agreement with OPEC+ countries due to oil price adjustments, according to Russian Energy Minister Alexander Novak. 

He said that Russian oil companies earned an additional $29 billion since the agreement was signed, and the federal budget received around $72.9 billion.

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John Foote    + 1,135

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Putin plays chess, MBS plays checkers. Trump plays tweet.

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