Forwarded from The Right People Z
Overall very positive numbers, strong growth in non-oil revenues thanks to the movement in industry and services.
Decrease in the overall deficit.
Russian oil sales prices are unlikely to fall as they did in 2023, global prices will not go that low unless there is a huge global economic crisis, plus tensions push the price up.
On the other hand, due to the adaptation of the global market to the sanctions, the difference between the global price and the selling price of Russian oil decreased enormously in the second half of 2023.
It is quite likely that in 2024 Russia will be back in surplus.
#info
#economy
#industry
Decrease in the overall deficit.
Russian oil sales prices are unlikely to fall as they did in 2023, global prices will not go that low unless there is a huge global economic crisis, plus tensions push the price up.
On the other hand, due to the adaptation of the global market to the sanctions, the difference between the global price and the selling price of Russian oil decreased enormously in the second half of 2023.
It is quite likely that in 2024 Russia will be back in surplus.
#info
#economy
#industry