http://www.urdupoetry4u.com/ Oil Price Slide and Sanctions Cost Russia $140bn : The falling oil price is costing Russia up to $100bn a year, while Western sanctions have hit the country by $40bn, its finance minister has said. Anton Siluanov made the comments on Monday at an international financial and economic forum in Moscow. Reports on Monday suggested Russia could cut its oil production by about 300,000 barrels a day in an attempt to support the oil price. Opec members meet in Vienna this week where falling prices will be discussed.
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Finance Minister: oil slump, sanctions cost Russia $140 billion a year
Finance Minister: Sanctions Cost Russia $40 Billion A Year
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