The key facts

  • Russia's revenues from oil exports in October 2026 — $21.15 billion, $8.33 billion more than in October 2025
  • Deliveries increased by 260 thousand b/d compared to September, but are 570 thousand b/d below the level of October 2025
  • The figures are given in the IEA's November report

Revenues rose despite a decline in physical deliveries

Russia's revenues from exports of oil and oil products in October 2026 amounted to $21.15 billion, which is $8.33 billion more than in October of last year. These figures are contained in the November report of the International Energy Agency (IEA), which was noted by Gazeta.Ru.

Dynamics of deliveries

According to the document, compared with September 2026, deliveries increased by 260 thousand barrels per day. However, their volume turned out to be 570 thousand barrels per day below the level of October 2025. Thus, the growth of revenue against the backdrop of a reduction in the physical volumes of exports relative to last year's figures points to a higher selling price — this conclusion follows from a comparison of the report's figures themselves, although the IEA, in the retelling, does not disclose price details.

What is known so far

The Gazeta.Ru publication is marked as being updated, so the final assessment of the October figures in the IEA report may be revised. Details about the structure of exports — the ratio of crude oil to oil products, delivery destinations, and price levels — are not available in the retelling.