Russia's Finance Minister Anton Siluanov reportedly said that country's revenues from oil and gas are expected to decline 1% by 2025, CNBC reported on Monday in its live blog.
Meanwhile, oil price continued trading in the red, although recovering somewhat from the three-month lows hit earlier today, as American drillers kept adding rigs.
Futures on West Texas Intermediate oil for April delivery shed 0.66% to trade at $48.21 per barrel at 8.55 am CET, while futures on Brent crude, an international benchmark, for delivery in May fell 0.41% to $51.16 per barrel at the same time.
Lates news [3/1317] 15.54.00
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