RFERL: Russia And The Price Of Crude Oil

A balanced budget for Russia depends on an average price of crude oil between $110 and $115 per barrel. But with prices recently falling below $90 and signs that the price may stay low for the foreseeable future, the country may experience shortfalls. Here is where the price of oil was over the past 35 years as major events were taking place in Russia. (Source: U.S. Energy Information Administration. Pegged to U.S. import price)

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