Yandex forecasts industrial revolution in 2020sScience & Space September 21, 17:36
Over 3,000 people evacuated from Yandex office over bomb threatSociety & Culture September 21, 17:24
Warsaw’s Soviet Military Cemetery cleared after vandal attackWorld September 21, 17:19
Russian premier slams EU position on Nord Stream 2Business & Economy September 21, 17:13
Tver gunman asks court to reduce his life sentence to 25 years in prisonSociety & Culture September 21, 17:02
Swedish King’s cousin plans to make wine in CrimeaSociety & Culture September 21, 17:01
Over 3,000 people evacuated over bomb threats in Moscow museums, legendary film studioSociety & Culture September 21, 16:39
Putin says Russian economy overcomes recessionBusiness & Economy September 21, 16:14
Police beef up security as migrants flock to Moscow shopping centerSociety & Culture September 21, 15:58
MOSCOW, January 12. /TASS/. The average price of Russia’s Urals oil blend declined by 9.5% in 2014 to $97.60 per barrel, leading expert of the Finance Ministry’s Tax, Customs and Tariff Policy Department Alexander Sakovich said on Monday.
In 2013, the average price of Russia’s Urals blend stood at $107.88 per barrel.
The Urals price fell by 44.4% in December 2014 from the previous year to $61.07 per barrel.
Russia’s Economic Development Ministry expects an oil price at $80 per barrel in 2015 while the Finance Ministry predicts an oil price of $60 per barrel this year.