RUSSIA TO LIFT OIL PRICE CONTROLS APR. 15

Russia will lift domestic price controls on crude oil and refined products Apr. 15, according to Tass news agency, quoting unnamed officials. Tass said the federation's government also may consider a 50% tax on crude oil and products. The news agency said crude oil prices in Russia will increase to 2,0002,500 rubles/metric ton, excluding tax, from 350 rubles/ton at the first of the year. At current exchange rates, that works out to only about $3.65-4.57/bbl, a fraction of world market

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