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Finance Ministry: The average price of Urals crude in August rose an annualized 3.3% - up to 113.10 dollars.
3 September 2012, Monday
The average price for Urals crude in August 2012. amounted to U.S. $ 113.10. / bbl., an increase of 3.3% compared to the same month of 2011., when it stood at 109.49 dollars. / bbl. , Said RBC analyst Ministry of Finance (MOF), Alexander Sakovich.
In comparison with July 2012. in August oil price rose by 10.3%. The average price for Urals crude for July 2012. amounted to U.S. $ 102.57. / bbl.
The average price for Urals oil in January-August 2012. amounted to U.S. $ 110.95. / bbl. 109.21 against the dollar. / bbl. In January-August 2011. Thus, in January-August 2012. compared to the same period last year, the oil price rose by 1.6%.
Recall, the average price for Urals oil in January-July 2012. amounted to U.S. $ 110.63. / bbl., up 1.3% compared to the same period last year.
6 June 2012., Russian President Vladimir Putin signed a federal law amending the budget of the Russian Federation in 2012. and reducing the deficit from 1.5% to 0.1% of gross domestic product (GDP). The amendments adopted by the State Duma on 25 May 2012. and approved by the Federation Council on May 30 this year, made to the law "On the Federal Budget for 2012. and the planning period of 2013. and 2014.". The amendments are based on improving the forecast for the average price of Urals oil in 2012. from 100 to 115 dollars. / bbl. But later, Finance Minister Anton Siluanov reported that due to see the decline of oil prices, the budget deficit by the end of this year may reach 1.5% of GDP
In comparison with July 2012. in August oil price rose by 10.3%. The average price for Urals crude for July 2012. amounted to U.S. $ 102.57. / bbl.
The average price for Urals oil in January-August 2012. amounted to U.S. $ 110.95. / bbl. 109.21 against the dollar. / bbl. In January-August 2011. Thus, in January-August 2012. compared to the same period last year, the oil price rose by 1.6%.
Recall, the average price for Urals oil in January-July 2012. amounted to U.S. $ 110.63. / bbl., up 1.3% compared to the same period last year.
6 June 2012., Russian President Vladimir Putin signed a federal law amending the budget of the Russian Federation in 2012. and reducing the deficit from 1.5% to 0.1% of gross domestic product (GDP). The amendments adopted by the State Duma on 25 May 2012. and approved by the Federation Council on May 30 this year, made to the law "On the Federal Budget for 2012. and the planning period of 2013. and 2014.". The amendments are based on improving the forecast for the average price of Urals oil in 2012. from 100 to 115 dollars. / bbl. But later, Finance Minister Anton Siluanov reported that due to see the decline of oil prices, the budget deficit by the end of this year may reach 1.5% of GDP
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