На информационном ресурсе применяются рекомендательные технологии (информационные технологии предоставления информации на основе сбора, систематизации и анализа сведений, относящихся к предпочтениям пользователей сети "Интернет", находящихся на территории Российской Федерации)

OilPrice

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Russia Hints at Changing Oil Price Level in Its Budget Rule

Russia could consider adjusting the oil price level in its so-called budget rule amid falling oil prices, Finance Minister Anton Siluanov said on Wednesday. Under the budget rule, Russia has a baseline price of $60 per barrel of oil, above which it funnels excess revenue to its National Wealth Fund, a rainy-day reserves fund.

However, when the price is below $60 per barrel – as Russia’s crude grades have been for two months now – Russia taps into the fund to offset shortfalls in revenue from oil and gas exports. Changing the so-called…

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