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Russia Finance Minister Siluanov says reducing the cutoff price to USD 50/bbl will ensure budget stability, says this is the baseline option

StockNow breaking-news AI analysis

Russia's Finance Minister announced lowering the budget rule cutoff price to USD 50/bbl as the baseline option to secure budget stability, with no other options under consideration.

News detail

Reducing the price in the budget rule to USD 50/bbl is the basic option, others are not considered.

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