The Effects Of International Oil Price Fluctuations On Russian Economic Situation

The oil industry in Russia is the main strategic point for economicdevelopment. In recent years, oil prices have risen strongly, and thus ensured therapid growth of Russian economy for many years. Yet high oil prices to some extentadversely affected the development of Russian economy, it is obvious in therestructuring of industry in the country, as well as in the country’s economicsecurity and stability of the economy.In this article after analyzing the state of domestic and foreign research.Focused on the impact of fluctuations in international oil prices on Russia’smicro-economic impact include fluctuations in international oil prices on industrialenterprises, agricultural enterprises of the impact of individual residents, and theimpact of trade. The impact of fluctuations in international oil prices on Russia’smacroeconomic development strategy, Russia’s economic impact, the impact ofeconomic trends in Russia; because the fluctuations in international oil prices tosolve the problems facing the Russian economic development. According to theimpact of fluctuations in international oil prices on Russia’s microeconomic andmacroeconomic, the measures to respond to fluctuations in oil prices and how tostabilize the financial order, legal and regulatory analysis of the modified tariffsystem and to improve the import and export systems.The new idea of this paper is the use of the means of comparative analysis toanalyze the dynamics of international oil prices in Russian economy, to identifysome problems on the positive and negative effects in Russian economy and topropose measures to respond to fluctuations in oil prices.