Russia's economy ministry cuts 2025 Brent price forecast by nearly 17%
15 Articles
15 Articles
Russia's economy ministry cuts 2025 Brent price forecast by nearly 17%
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
The special fund was once created in the event of falling oil prices, and that is exactly what Russia expects for this year.
Russian oil was recalculated at the real exchange rate: EADaily
EADaily, April 21st, 2025. The Ministry of Economic Development has changed the forecast of the price of Russian oil for this and the next two years. It was brought to the current value, which is seriously different from the figures budgeted. Russia can painlessly afford to increase government obligations if money is needed…
Russian Economic Officials Brace for Lowest Oil Prices Since Pandemic
Russian authorities are bracing for a continued slump in oil prices, with the Economic Development Ministry significantly reducing its 2025 forecast for the average price of Urals crude to $56 per barrel.
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