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Economic News Reports

Economy News: Russian Economy Dealt Blow With Slumping Oil Prices

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Category: Economic News Reports
Russia's Economic Development Ministry downgraded its 2025 forecast for Urals crude, Russia's major oil export brand, to $56 a barrel. This would be its lowest level since 2020 when the COVID pandemic sparked a collapse in global demand for the country's major export.
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Source:www.newsweek.com


Posted: 2025-04-23 12:00:00

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