NewsTrade & Sanctions
Russia's grain harvest nears completion as wheat export forecasts fall
Official harvest updates, industry export forecasts and a temporary zero duty describe different parts of Russia's 2026 grain outlook.
Coverage
Energy & Commodities
Explore the connections between Russia's resource industries and the wider economy. Coverage includes oil, natural gas, LNG, coal, metals and agricultural commodities, with attention to export routes, prices, production and public revenue. We distinguish physical volumes from sales values and announced projects from operating capacity, placing official releases and independent estimates alongside the limits of available evidence.
AnalysisBusiness
Russia's September producer prices rise 2.5 percent as extraction outpaces manufacturing
Rosstat's October 21 release shows sharply different price movements across industries, making the headline increase an incomplete guide to business costs.
AnalysisEnergy
Russian diesel exports face a refinery capacity limit despite easing restrictions, IEA says
The IEA says refinery capacity constrains Russian diesel exports. Its October assessment separates export permissions from actual fuel production.
AnalysisEconomy
IMF sees Russia growing 0.9 percent in both 2026 and 2027 as export gains meet production limits
The IMF's October forecast puts Russian growth at 0.9 percent in 2026 and 2027. Higher commodity income does not automatically mean more real output.
NewsEnergy
Russia's September oil and gas revenue falls 22.3 percent from a year earlier
Monthly receipts improved from August but remained below the previous September, while the cumulative decline persisted.
ExplainerEnergy
Russia's gas exports: pipelines, LNG and the shift away from Europe
Gas can reach a new market only through operating infrastructure, suitable contracts and commercially workable routes.
ExplainerEnergy
Russia's oil price cap and the Urals discount explained
The legal cap, the market discount and the tax reference describe different prices, with different implications for revenue.
ExplainerTrade & Sanctions
What Russia exports: energy, metals, grain and fertilizer
Energy remains central to Russia's export earnings, alongside metals, food and chemicals. Understanding the mix requires separating prices from quantities and customs from external accounts.
NewsTrade & Sanctions
EU targets Russian oil-trade and payment networks with new listings
The October 15 measures name three people and nine entities; the Council says the targets helped move restricted goods, oil or payments through international networks.
AnalysisBudget
Russia's budget draft relies on borrowing and additional tax revenue
The proposed 2027 to 2029 budget combines continued deficits with a fiscal-rule adjustment; the revenue assumptions and financing needs deserve separate scrutiny.
ExplainerBudget
Russia's National Wealth Fund: total assets, liquid reserves and uses
The fund's headline size is not a cash balance; liquidity, valuation and the rules for using assets determine how much fiscal support it can provide.
ExplainerTrade & Sanctions
Russia and China: trade, energy and payments explained
China is an important buyer and supplier for Russia, but trade totals, energy routes and settlement currencies reveal different kinds of dependence.
ExplainerTrade & Sanctions
How sanctions have affected Russia's economy
Sanctions restrict particular financial, trade and technology channels; judging their effects requires separating legal measures, adaptation costs and uncertain counterfactuals.
ExplainerBudget
Russia's federal budget explained: revenue, spending and deficits
Read the federal budget by separating tax receipts, spending commitments, financing and the assumptions behind each three-year plan.
ExplainerEnergy
Oil and gas in Russia's economy: revenue, exports and dependence
Russia's energy earnings depend on the price actually received, the route to the buyer and the tax system, not simply on the number of barrels exported.
ExplainerEconomy
How Russia's economy works: resources, the state and the ruble
Russia's economy combines commodity exports, a large domestic service sector and an influential state; the links between them matter more than any single headline.