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Russian Losses Escalate - Joe Blogs
In this video I provide an update on the Russian Economy. Oil & Gas revenue in March was down 17% compared with March 2024 due partly to the falling price of Russian Oil and partly to the strengthening of the Russian Ruble. The Russian Authorities have reported a loss of 2.2 Trillion Rubles for the first 3 months of 2025 is oil prices remain low it will be disastrous for the Russian Economy. There are rising concerns that the Global Economy could be heading towards a recession in 2025 and if this does happen it represents further bad news for oil prices, the Russian Economy and the Russian Oil Industry.
Chapters:
0:00 Intro
2:05 BUDGET
3:43 OIL PRICES
5:24 LOSSES
7:08 RUBLE
9:35 INFLATION
11:52 FOOD INFLATION
12:44 PRODUCER PRICES
14:52 SUMMARY & CONCLUSION