Russian Oil Tax Price Runs 60% Above Budget Assumption
The rouble-denominated Russian oil price used for tax calculations has averaged about 60% above the federal budget assumption so far this month, Reuters calculations showed.
Reuters calculations showed on Wednesday that the rouble-denominated Russian oil price used to calculate taxes has averaged about 60% above the level assumed in the federal budget so far this month, supporting government finances. The figures come amid war in the Middle East and related supply disruption, which have…