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Russia’s Economic Development Minister: Oil price will fall to $50
Energy
- 22 November, 2018
- 12:27
Baku. 22 November. REPORT.AZ/ Oil price in the long-term future will fall to $50 a barrel by 2025-2030, Russian Economic Development Minister Maksim Oreshkin told journalists after the governmental meeting on discussion of a long-term macro-forecast by 2036, Report informs.
"By our estimates, the oil price will be $50 a barrel in the period up to 2025-2030 and remain at this level," the minister noted.
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