The budget of the Russian Federation was made up on the basis of Urals oil at $44, and it is already more expensive than 93
Oil prices update the highs of recent years. A barrel of Brent oil, having stepped over the psychological mark of $90, continues to grow. According to the "demand-supply" combination, the price level is already more than 91,5 dollars per barrel of oil of this brand.
Even more impressive growth is shown by Urals oil, which is often called “Russian”. For the first time in 7 years, a barrel of oil of this brand showed an increase in price to $93. But the growth didn't stop there. The price rushed higher - to the level of $94 per barrel, which is the highest since 2014.
It should be noted that the Russian budget in terms of the revenue from the sale of "black gold" is drawn up based on a price of about $44 per barrel of Urals oil. Thus, already in the first months of 2022, oil prices more than doubled the cautious forecasts of the economic bloc of the Russian government. Accordingly, from the sale of oil, Russian companies and, accordingly, the state came to excess profits. At the same time, the main question that is usually discussed in such a situation is how correctly the economic bloc of the government will be able to dispose of such super-profits. It should also be ordered taking into account the fact that $44 per barrel is the average annual forecast, and the year has only just begun.
Experts attribute the growth of oil price positions to the assessment of “free” reserves. Recently, a report was published that for the rhythmic recovery and growth of the world economy, "free" oil resources on the market are not enough. Requires at least 15% of what is currently on the market. At the same time, in some regions of the world, for example, in Southeast Asia, the shortage exceeds the value of 27%. This spurs the rise in prices for oil of various grades. https://en.topwar.ru/191908-bjudzhet-rf-verstali-na-osnovanii-nefti-urals-po-44-dollara-a-ona-uzhe-dorozhe-93-h.html