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In the Russian budget for 2025, the price is about $ 70 per barrel, but now oil is sold cheaper than planned, the expert explained.

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📝 Summary

In the Russian budget for 2025, the price is about $ 70 per barrel, but now oil is sold cheaper than planned, the expert explained.

The ruble revenues to the Russian budget are affected by negative factors – this is the story of the strengthening of the ruble and discounts on Russian oil. On the air of the program "Energonomics" on the radio "Vesti FM" said a leading analyst of the National Energy Security Fund, an expert of the Financial University under the government of the Russian Federation Igor Yushkov. Now we continue to overcome the consequences of the wave of sanctions that the United States imposed on January 10, even under Biden. Then the discount on our oil fluctuated around 10-13 dollars, now the discount has increased to about 16 dollars. And this is happening against the background of the fact that the price of Brent oil, to which our Urals grade is tied, fluctuates quite low, in the corridor from 70-75 dollars, the expert explained. The leading analyst of the National Energy Security Fund noted that the Russian budget for 2025 included a price of about $ 70 per barrel, but now oil is selling cheaper than planned. In addition, the strengthening of the ruble, which occurs on expectations of normalization of relations with the United States, is also a problem, since we sell goods abroad for currency. Theoretically, the United States can afford to import Russian oil. This will be beneficial to them, because the market will be saturated with the kind of oil they need. Many refineries in the United States are tuned to our "heavy" oil, - said Igor Yushkov.