Russian Oil Companies Received 415 Billion Rubles in October Under Fuel Damper Mechanism

14:23; 05 November 2026 year

### Russian Oil Companies Receive $41.5 Billion in October Under Fuel Damping Mechanism In October 2026, the Russian federal budget allocated 415 billion rubles ($41.5 billion) to oil companies under the fuel damping mechanism (for September), according to the Ministry of Finance. In the previous month (for August), oil companies received 305.5 billion rubles ($30.55 billion) from the federal budget. The total payouts for January-September amounted to 1.619 trillion rubles ($161.9 billion), taking into account that in January and February, oil companies paid 33.8 billion rubles ($338 million) into the treasury under the fuel damping mechanism. The damping mechanism was introduced in Russia in 2019. Oil companies receive payments from the budget to help stabilize domestic fuel prices when export netbacks exceed domestic market prices. If the difference is negative, oil companies transfer funds to the budget. *(Note: The fuel damping mechanism, known as "dempefer" in Russian, is a government-implemented system designed to mitigate the impact of global oil prices on domestic fuel markets.)*

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