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Russia's economy ministry cuts 2025 Brent price forecast by nearly 17%

Summary by Reuters
Russia's economy ministry has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from what it saw the price would be this year in its September calculations, according to documents obtained by Reuters.

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The special fund was once created in the event of falling oil prices, and that is exactly what Russia expects for this year.

·Vienna, Austria
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Bani.md broke the news in on Monday, April 21, 2025.
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