Even if crude oil prices move above $60 per barrel, the Russian economy likely won’t expand much more than 1 percent, the head of the central bank said. Russia’s economy lingered in recession last year and the national currency, the ruble, declined in value after crude oil prices dipped below $30 per barrel. So far in April, crude oil prices have posted steady gains amid signs the global market was returning to balance following a long period of oversupply. The price for Brent crude oil was marching toward $55 per barrel in early Wednesday trading. Russian Central Bank Chief Elvira Nabiullina said the national economy is becoming less dependent on crude oil prices and growth won’t improve […]