FedericoBedners

OIL PRICES TREND ANALYSES

NYMEX:CL1!   Light Crude Oil Futures
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International sanctions and lower oil             prices will weigh heavily on the economy, which is forecast to contract by 3.5% in 2015. The weaker rouble and Russian counter-sanctions on western food imports will push up inflation . Tight monetary policy and weak business sentiment will lead to a deep fall in investment. Government finances will come under increasing strain from 2015. If sanctions are prolonged for several years they could significantly impair potential oil             output.
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