Oil Prices Hedging as a Tool of International Energy Policy

Among the main threats to Russian energy sector is high volatility of oil markets, which leads significant fluctuations in volume revenues received by and gas companies country’s budget due export hydrocarbon resources. It necessitates search for mechanisms aimed at minimizing this risk. Such should be a political economic nature. Russia can achieve reduction risks budgetary system through introduction hedging prices. This has found wide application practice several used national level Mexico. The Mexican experience shows that allows economy overcome periods falling prices on global markets without losses. Calculations show Russia, effect could reach 4.36 trillion roubles over period 2015–2020. also provide with some advantages field diplomacy.