Oil Prices Reach Critical Level for Russia
Lesson Brief
BBC Russian
Oil prices on the New York Stock Exchange reached their lowest levels in five years on Thursdayafternoon at less than $92 per barrel. For Russia, anything below $90 is critically dangerous for the country's budget and the latest trend leaves Russian economists and economic ministers worried about what this means for the Russia's future. Analysts have connected the current drop in oil prices with the strengthening of the US dollar and new energy policies adopted in Saudi Arabia
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- to outrun, outpace
- опережать
- to go over, study carefully
- прорабатывать
- to arise, spring up
- возникнуть
- thrashed, battered
- побитый
- competitor, rival
- конкурент
- Ministry of Economic Development
- минэкономразвития
- average annual
- среднегодовой
- seriously, in earnest
- всерьез
- to predict
- предсказывать
- stock exchange
- бирж