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Russia predicts 60 $/b in 2017

As reported by UPI, Russia's Fianance Ministry does not foresee oil prices going higher than $60 per barrel before 2019, predicting their range between 40-60 $/b in the 2017-2019 period. Meanwhile, President Vladimir Putin said the country's budget is tied to a price of 40 $/b.

Source: UPI

#Russia #oil

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