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Russia’s oil and gas revenue to leap in October by 52% m/m, Reuters calculations show

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Russia’s oil and gas revenue in October is set to jump to 1.17 trillion roubles ($12.16 billion), up 52% from September thanks to the once-a-quarter payment of oil profit-based tax, Reuters calculations showed. At the same time, the revenue is likely to have declined this month by 28% from October 2023 because oil prices fell, ...

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