How will falling oil prices affect the Russian budget?

Sergei Pikin, the director of the Energy Development Fund, talks about the impact of oil prices on the Russian budget. Despite events in Ukraine, the Middle East and Hong Kong, oil prices continue to fall on the international market. However, experts note that there are no reasons to be concerned and that the average price will not be very low and will amount to a little less than $100. With the beginning of the heating season, the demand for raw materials will increase and prices will increase. Nevertheless, the government has a plan in case oil prices continue to fall.