How Much Does Russia Make from Oil?

Russia has earned more than $12 billion from oil exports since its invasion of Ukraine, according to the Centre for Research on Energy and Clean Air, an international research group. A month into the U.S.-led sanctions, the flow of Russian petroleum to the world, as well as the revenues from it, remains strong.

How much does Russia earn on oil?

Oleg Ustenko, an economic adviser to Ukrainian President Volodymyr Zelensky, said Russia is earning $1 billion a day from oil exports — money that is being used to fund its invasion.

How much of Russia's economy is oil and gas?

By 2020, overseas trade made up 46% of Russia's GDP, World Bank figures show. Oil and gas still provided more than half its exports, with metals accounting for 11%, chemicals about 8% and food products 7%.