Tag: plunge in ruble

Fall of Brent Crude Oil Price to $33 Per Barrel Causes Havoc for Russian Budget

January 8, 2016

The fall of the price of Brent crude to $33 per barrel has prompted concern about the impact on the 2016 Russian state budget, which was calculated with an estimate of oil at $50 per barrel. Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian […]