Russia Expects $11 Billion Energy Windfall in 2023 Despite Cap

Malaysia News News

Russia Expects $11 Billion Energy Windfall in 2023 Despite Cap
Malaysia Latest News,Malaysia Headlines
  • 📰 markets
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 59%

Russia expects to get a huge inflow of energy revenue by the end of this year despite an oil price cap imposed by G-7 nations

In the last five months of 2023, total extra proceeds from oil and gas sales are estimated to reach 1 trillion rubles , according to two people close to the government with knowledge of the situation, who spoke on condition of anonymity.

That amount is above a baseline level in the budget.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

markets /  🏆 324. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple Tops 1 Billion Paid Subscriptions in June Quarter, Services Revenue Climbs to Record $21.2 BillionApple Tops 1 Billion Paid Subscriptions in June Quarter, Services Revenue Climbs to Record $21.2 BillionApple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1.4% on lower-than-expected iPhone sales. CEO Tim Cook boasted of …
Read more »

Top banks made $6 billion in ruble trade last year amid Russia exodusTop banks made $6 billion trading the ruble last year amid Western exodus from Russia, report says
Read more »

Apple’s Services Division Sees Record Quarter With $21 Billion In Sales, 1 Billion Paid Subscriptions; Tech Giant Posts Total Revenue Of $81.8 BillionApple’s Services Division Sees Record Quarter With $21 Billion In Sales, 1 Billion Paid Subscriptions; Tech Giant Posts Total Revenue Of $81.8 BillionThe world’s most valuable tech company saw sales and profit for the three months ended in June beat on the top and bottom line although revenue was sluggish, down 1% at $81.8 billion. Earnings of $…
Read more »

IRS expects faster refunds in 2024 for people who stop using paperIRS expects faster refunds in 2024 for people who stop using paperThe IRS will allow taxpayers to file every major tax form online, the agency announced Wednesday, and will digitize its gargantuan paper catalogue by 2025, dramatically increasing its customer service capabilities and hastening refunds by four weeks to millions of taxpayers. The long-sought improvements, enabled by an influx of funding in President Biden's landmark Inflation Reduction Act, mean taxpayers will be able to complete complex tax paperwork online or upload related documents directly t
Read more »

MicroStrategy’s Saylor Expects to Retain Appeal Even If Bitcoin ETF Is ApprovedMicroStrategy’s Saylor Expects to Retain Appeal Even If Bitcoin ETF Is ApprovedMicroStrategy Inc.’s Michael Saylor says investors will continue to view his software firm as a Bitcoin proxy even if regulators approve the first US exchange-traded fund to directly hold the cryptocurrency.
Read more »



Render Time: 2025-02-24 22:18:37