In Q1, Russian income from oil export fell 1.6 times
Edited by Rhod Mackenzie / 2016-05-12 06:13:32
In the first quarter of this year, the Russian incomes from export of crude oil fell 1.6 times as compared to the same period of 2015 to $14.093 billion, the Federal Customs Service of Russia reports.
In January-March 2016, Russia supplied abroad 61.951 million tons of oil (+ 4.3%). The export to the non-CIS countries increased by 4.5% to 56.085 million tons. In value terms, the volume of the export amounted to $13.076 billion, which is 1.6 times less than in the same period last year.
