The average Price of oil Urals, the basic goods of the Russian export in may increased by 70 % compared to April, said the Ministry of Finance. the price of raw materials amounted to 31, 03 dollars per barrel. Meanwhile, the average Price of oil was eventually in 2, 3 times lower than in may 2019 (70, 93 dollars per barrel). in April, mark fell almost four times compared with the same period last year - to 18, $ 22 per barrel. April was the toughest month for the oil market. According to Argus, to its minimum value of Urals fell on 1 April, then the barrel cost 10, $ 54. These oscillations are caused by the lack of agreement between the OPEC countries on the extension of the Treaty on the reduction of oil production, and falling demand for these raw materials in the world due to the coronavirus. in General, according to the information of the Ministry of Finance, the average Price of Urals in January - may 2020 was 39, $ 2 per barrel, whereas in the first five months of 2019 she was level 66, $ 34. last Wednesday, speaking in the state Duma the head of Ministry of economic development Maxim Reshetnikov said that even the current level of prices enables the state to confidently fulfil all budget obligations. <span style="color:darkgray