Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Russia fine with oil price of around $70 per barrel, says Putin

November 15, 2018, 13:06 UTC+3

Russia is fine with the oil price of around $70 per barrel, Vladimir Putin said

Share
1 pages in this article
© Egor Aleev/TASS

SINGAPORE, November 15. /TASS/. Russia is fine with the oil price of around $70 per barrel, President Vladimir Putin told a press conference on Thursday.

"A reasonable price both for producers and consumers is needed," he said. "What we are having now, what has been recently - around $70 (per barrel) - is just fine for us," Putin added.

According to President, the Russian budget relies on the price of Brent crude oil of $40 per barrel. "That allows us to feel comfortable, work calmly, stably, achieve very good results that influence macroeconomic indicators," he said.

Show more
Share
In other media
ADVERTISEMENT
Partner News
ADVERTISEMENT