{"id":150961,"date":"2026-01-14T15:00:46","date_gmt":"2026-01-14T13:00:46","guid":{"rendered":"https:\/\/ldaily.ua\/?post_type=news&#038;p=150961"},"modified":"2026-01-13T18:57:33","modified_gmt":"2026-01-13T16:57:33","slug":"czina-rosijskoyi-nafty-vpala-nyzhche-40-za-barel","status":"publish","type":"news","link":"https:\/\/ldaily.ua\/en\/news\/novosti\/czina-rosijskoyi-nafty-vpala-nyzhche-40-za-barel\/","title":{"rendered":"The price of Russian oil has fallen below $40 per barrel"},"content":{"rendered":"<p data-start=\"62\" data-end=\"262\">In December 2025, the price of Russia\u2019s Urals crude used for tax calculations dropped to $39.18 per barrel, the lowest level since May 2020, according to Russia\u2019s Ministry of Economic Development.<\/p>\n<p data-start=\"264\" data-end=\"477\">For comparison, in May 2020 the average monthly price of Urals stood at $30.38 per barrel. In November 2025, the composite price was $44.87 per barrel, meaning the month-on-month decline was nearly $6.<\/p>\n<p data-start=\"479\" data-end=\"780\">The December Urals price is used to calculate taxes payable in January. The average price of Urals for the full year 2025 fell to $55.62 per barrel, down from $67.85 in 2024. This figure turned out to be below the government\u2019s forecast, which in October expected a price of $58 per barrel.<\/p>\n<p data-start=\"782\" data-end=\"1027\">Low oil prices and the strengthening ruble forced the Russian government to revise its 2025 federal budget deficit forecast twice, with the deficit increasing almost fivefold\u2014from 1.2 trillion rubles to 5.7 trillion rubles (2.6% of GDP).<\/p>\n<p data-start=\"1029\" data-end=\"1264\">According to Russia\u2019s Finance Ministry, oil and gas revenues for the first 11 months of 2025 fell by 22.4% year on year, and for the full year, according to Reuters estimates, they are expected to hit their lowest level since 2020.<\/p>\n<p data-start=\"1266\" data-end=\"1357\" data-is-last-node=\"\" data-is-only-node=\"\">Russia\u2019s 2026 budget is based on an assumed average annual oil price of $59 per barrel.<\/p>\n","protected":false},"featured_media":150962,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-150961","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/150961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/150962"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=150961"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=150961"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=150961"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=150961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}