“We already see that oil prices fell below $ 60. But this is not worth fearing here, because the economic structure with a budget rule, with a cut-off price, is precisely built so that such fluctuations in foreign markets are less relevant to the Russian economy, ”RIA Novosti quoted him as saying.
Earlier media reported that Brent crude fell below $ 58 per barrel for the first time since January.
Vladimir Klimanov, head of the department of state regulation of the RANEPA, in an interview with the FBA “Economics Today” commented on the report of the International Monetary Fund (IMF), according to which the fall in oil prices from 2014 to 2018 made a greater contribution to forecasts than the sanctions.