Russia begins to brace for lower budget revenues as global oil demand declines – Hindustan Times

Russia begins to brace for lower budget revenues as global oil demand declines – Hindustan Times

The finance ministry of the world’s largest energy exporter has started to prepare for the possibility of lower budget revenues should global oil demand decline earlier than expected. “The peak in consumption may have already passed,” Deputy Finance Minister Vladimir Kolychev said in an interview in Moscow. “The risk increases in the longer term” that […]
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