Customs: Russia’s oil export revenue falls 40% to $5.8 bln in Nov

MOSCOW, Jan 18 (PRIME) -- Russia’s oil export revenue fell by 39.8% on the year but rose 9.5% on the month to U.S. $5.827 billion in November 2020, the Federal Customs Service said in a report on Monday.

In physical terms, oil exports went up 3.5% on the month but decreased 12.1% on the year to 19.534 million tonnes.

Oil products exports increased 4.9% on the month to 10.157 million tonnes and revenue went up 4.9% to $3.04 billion in November.

In January–November 2020, oil exports fell 11% on the year to 220.241 million tonnes, with revenue falling 40.9% to $66.392 billion. Oil products exports fell by 17% to 126.814 million tonnes, with the cost falling 33.1% to $40.663 billion.

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