| Russia sees an average oil price of around $80-90 per barrel in the medium- and possibly in the long-term, Finance Minister Anton Siluanov said on Wednesday, underlining growing pressure on the Russian budget.
Russia needs an oil price of $100 per barrel to balance its 2015-2017 budget and has watched nervously as Brent has lost around 30 percent since June. On Wednesday it traded at around $78 per barrel before an OPEC meeting to discuss the price.........................................Full Article: Source
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