“S&P Global Commodity Insights estimates Russia’s fiscal breakeven oil price at $114/b in 2023, up from $64.47/b before its invasion of Ukraine, as the Kremlin’s outgoings to fund the war add to its overall budget spending.”
I’m surprised that you fell for that propaganda, unless you really do believe DeSantis when he said “Russia is a gas station masquerading as a country”. In other words, Russia exports FAR MORE than just oil. Also, what I read a while ago was that Russia uses $45/barrel as its assumed price when putting together a budget - anything extra is used to liberate countries from the grip of the Neocons.
You read too many missives from the Kremlin. That was not propaganda but a statement of fact looking at the Russian budget for 2022 and 2023
“S&P Global Commodity Insights estimates Russia’s fiscal breakeven oil price at $114/b in 2023, up from $64.47/b before its invasion of Ukraine, as the Kremlin’s outgoings to fund the war add to its overall budget spending.”
The top exports of Russia are Crude Petroleum ($113B), Refined Petroleum ($81.8B), Petroleum Gas ($37.7B), Coal Briquettes ($19.1B), and Gold ($19.1B)
The oil and gas add up to 50% of exports.
The remaining includes heavily military equipment which is on hold as Russia can’t produce enough for itself, leave alone exports