Oil
Santos Logs 49 Percent Quarter on Quarter Increase in Revenue
CEII brief
Rigzone reported on 22 Oct 2026: Santos Logs 49 Percent Quarter on Quarter Increase in Revenue.
Read the full story on RigzoneSantos reported around $2 billion in third-quarter sales revenue, up 49 percent from the prior three-month period as sales volumes increased 11 percent to 26.4 million barrels of oil equivalent.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
9.5% of world merchandise exports were fuels in 2025Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
