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Senior fiscal official sees Russia’s 2018 budget balanced at around $55 per barrel

MOSCOW, July 3. /TASS/. Russia’s federal budget for 2018 will be balanced with oil price of around $50-55 per barrel, Deputy Finance Minister Vladimir Kolychev said Monday.

"$60-65 per barrel this year depending on the exchange rate, and $50-55 per barrel next year," he said.