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MOSCOW, January 29. /TASS/. Russia’s confirmed macroeconomic forecast for 2015 is based on $50 a barrel oil price, Russian Economic Development Minister Alexey Ulyukayev said on Thursday.
"The macroeconomic forecast for 2015 is based on $50 a barrel oil price," Ulyukaev said, adding that the ministry has reviewed its forecasts for this year, as well as for 2016 and 2017.
The minister also said that though $50 a barrel oil forecast might seem too conservative, a consensus of investment banks and analysts opinions forecast an average of $60 a barrel.