Tag: Russian economy

Russia has learned to survive Western sanctions and managed to accumulate enough funds to keep its economy afloat for several years even if oil prices continue to decline. … Read More >6 years of economic war toughened Russia to deal with oil market chaos

Russia is less vulnerable to external shocks linked to turbulence in energy markets than many other oil-exporting nations, according to rating agency Moody’s. … Read More >Russian economy resilient to oil market shocks – Moody’s

Despite efforts by Russia to gradually cut its reliance on oil, a lengthy energy market turmoil could be challenging for the country’s economy and could even result in a major economic crisis. … Read More >Russian economy can survive for a long time with oil at $20 per barrel

The current turmoil on the global oil market is not disastrous for Russia, Presidential Press Secretary Dmitry Peskov said on Friday, noting the country has a safety cushion. … Read More >Oil price crash not catastrophic for Russian economy — Kremlin

Russia’s sovereign wealth fund has enough reserves to cover budget deficit for years, even if oil prices stay between $25 and $30 per barrel, the Finance Ministry announced amid a dramatic oil market crash. … Read More >Russia swiftly reacts to bloodbath in markets, says it’s ready for $25 oil