Russia says it can balance budget at oil price of $82 per barrel

January 13, 2016 7:30 AM

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MOSCOW Jan 13 Russia can balance its budget at an oil price of $82 per barrel, Finance Minister Anton Siluanov said on Wednesday.

This year's budget is based on an oil price of $50 per barrel, but Brent, the global benchmark, was trading at just $31 on Wednesday.

Also read: The OPEC Oil Deal Sells Fake News for Real Money

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