Interfax reported that RussNeft almost doubled net profit to Russian Accounting Standards in January to September.

The oil company said it had net profit of RUB 3.904 billion in Q3 2009, and that net profit for January to September was RUB 17.013 billion compared with RUB 8.83 billion in the same period of last year.

The company said net profit in Q3 compared with Q2 2009 plummeted nearly two thirds due to higher oil prices in the domestic market and customs duties and a reduction in other income dye to changes in the dollar's exchange rate against the ruble.

(Sourced from Interfax)