Russia, the second largest oil exporter in the world, you may lose in the current year, approx. 135 billion dollars due to the fall in oil prices – reveals a report published on Monday, Organization of Petroleum Exporting Countries (OPEC).
– With an average price of $ 55 per barrel Russia will receive approx. 135 billion less in 2015 than in 2014, which is equivalent to 10 per cent. of its GDP. The country is facing great challenges due to sanctions, devaluation of the ruble and a decline in oil prices – OPEC believes.
– Each fall in oil prices on the one dollar a shortfall 3 billion in annual exports of Russia – reminiscent of OPEC, of which Russia is not a member.
In their calculations OPEC based on the average annual price of oil per barrel in 2014 ZR & oacute; DLO: Shutterstock Russia hopes for an agreement with OPEC
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of $ 100, compared with 55 dollars in February this year. On Friday, March 13, a barrel of raw material cost of $ 51.66.
The organization reminds decline this year, Russian oil production of 10.58 million barrels per day in 2014 to 10.51 million barrels today. Draws the attention to the “impact of sanctions, low prices and a lack of major projects to be implemented in the oil industry.”
In November last year. OPEC year, realizing a third of the world’s oil, has refused to cut production, which, within seven months fell by 60 percent.
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