The price of Russian Urals dropped to a level of $ 52 per barrel – Bloomberg said on Monday. Meanwhile, the Kremlin at 2025 assumed the price of $ 69.7 – emphasized the Moscow Times portal, adding that about 30 percent of the Russian budget comes from oil and gas revenues.
The reason for the decline in global oil prices is on the one hand an American decision to impose duties on imported to USA Goods, on the other hand – a decision belonging to OPEC, extracting oil, on further increase in production.
At the end of March, the Russian Ministry of Finance informed that it was important with a decrease in oil prices to about $ 60 per barrel. He estimated that he would increase it budget deficit Moscow about 1 percent GDP. Last month before the announcement of American duties, the price of Russian oil was an average of $ 58.99.
Down tax revenues
According to expert calculations, published before prices, revenues from taxes from Russian oil companies fell in the first months of 2025. Compared to the previous year by approx. 15 percent. It was both the result of the decline in demand and the sanctions introduced by the previous US president.
Meanwhile, Moscow Times emphasized – about 30 percent. budget Russia It comes from oil and gas income.
In February, the Russian Central Bank published a report in which he warned against the threat of a long period of low oil prices, reminiscent of the situation from the 1980s and 1990s, when after more than a decade of expensive oil an eighteen -year period of low prices took place – emphasized the portal.
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