Russian oil has risen by almost 30%

Average price for Russian Urals brand oil in May this year amounted to 73.36 dollar per barrel. While during the same period last year the figure was 56.94 dollars. On this day told RIA Novosti Head of Analytical department of the Ministry of Finance (MOF), Alexander Sakovich. Accordingly, the oil price in May was lower than April, when it reached 82.52 dollars per barrel. "From January to May this year, an average oil price was fixed at 76.29 dollars per barrel, whereas the first five months of last year was 47.05 dollars per barrel", - said Sakovich. Recall that the basic parameters of the approved Russian budget for this year are based on a forecast average prices for crude oil Urals, one of the main items of Russian exports to $ 58 per barrel. However, prepared by the Ministry of Economic Development (MED), a new forecast includes the price of 76 dollars per barrel in 2010.