Herald Globe
HeraldGlobe.com Thursday 23rd February 2012 Edition 085/2012
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    High Oil Prices Bode Well For Russian Government
    Source: Forbes
    Saturday 28th January, 2012  


    High oil prices mean more cash flowing into the Russian government. The country is dependent on energy exports to keep its budget surplus in tact.

    Oil futures cracked $100 a barrel this week, before settling at $99.56 for the May contract for WTI crude.

    Still, prices like that bode well for Russia's public coffers. International Monetary Fun... ...

    Read the full story at Forbes


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