The average Russian oil barrel price in December 2025 was $39.18%. Compared to the erstwhile month, it decreased by 13%. In January, Russia made money on a barrel of $67.66.
The most crucial influence on the drastic fall in the price of this natural material was the sanctions imposed by US president Donald Trump's administration.
Lower values than they are 5 years ago. As a consequence of the pandemic in May 2020, Russian oil Urals cost somewhat over 31 USD.
The Russian budget for 2026 established an oil price of 59 USD. Although the budget deficit was projected to be 1.6% of GDP, it could actually scope 2.5-2.7% of GDP. With the economical downturn, Russia can completely deplete its financial reserves within 1.5-2 years.
Oil is presently sold without profit. Moreover, Russia even loses out on this. The full cost of oil barrel extraction in this country is $47.
Source: Moscowtimes.ru
BIS improvement – survey Bulletin
