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Russia Monthly Economic Developments (Ruso)

The recovery in oil prices continues, with the price of Brent crude oil reaching in March an increase of more than thirty percent since the start of 2021. However, prices subsequently declined, with Brent dropping later in the month amid growing concerns about the continuing impact of the pandemic on oil demand. The number of new COVID-19 cases in Russia has declined compared to end-January but it remains higher than end-of summer levels. In February...
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