Russia’s oil and gas budget revenue to fall by one third m/m in May – Reuters calculations

Proceeds from oil and gas sales for Russia’s federal budget are set to decline by around one third to 0.80 trillion roubles this month from 1.23 trillion roubles ($13.47 billion) in April, Reuters calculations show. The proceeds are expected to slip on a monthly basis but still demonstrate a rise from 0.57 trillion roubles in ...