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Putin to receive ex-US Secretary of State Kissinger ThursdayRussian Politics & Diplomacy June 29, 15:51
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British media accuse Russian footballers of doping after failure to host 2018 World CupSport June 29, 14:08
“I think that the [oil price] fall below $50 will be quite negative for the sector,” Novak said.
The Brent crude price rose to over $62 on Monday, after falling below $59 a barrel last week.
Earlier this month, Russia’s Economic Development Ministry downgraded its 2015 oil price forecast to $80 per barrel. Oil and gas exports account for about 50% of Russia’s revenues.