Putin decorates commandoes for two-day face-to-face clash with militants in SyriaRussian Politics & Diplomacy May 24, 18:31
Experts say rising military spending to push Europe to reconsider NATO’s roleRussian Politics & Diplomacy May 24, 17:56
Poll shows 25% of Russians expect headway in ties with France during Macron’s presidencySociety & Culture May 24, 17:33
Former Finnish PM points to signs of improvement in Russia-West relationsWorld May 24, 17:20
Russia's legendary Su-27 jet fighter marks the 40th anniversary of its first flightMilitary & Defense May 24, 17:19
Russian lawmaker comments on US decision to end military subsidies to UkraineRussian Politics & Diplomacy May 24, 16:30
Nine Russian missile regiments rearmed with advanced ICBM systemsMilitary & Defense May 24, 16:01
Perm session completes cycle of regional offsite events in run-up to SPIEF 2017Press Releases May 24, 15:38
Ka-52 helicopters to have advanced weapon targeting systemMilitary & Defense May 24, 15:09
ST. PETERSBURG, June 19. /TASS/.The price of oil will hover between $60 and $65 per barrel till the end of 2015, Lukoil CEO Vagit Alekperov said at St. Petersburg International Economic Forum on Friday.
When answering a question on his forecast regarding crude oil price by the end of this year, he said: "I think it will range from $60 to $65 [per barrel]."
According to Gazprom Neft CEO Alexander Dyukov, oil price will stand at $75 per barrel in the mid-term, and it will return to previous high levels in the long run. This level of prices will allow investment for supporting necessary output level, he said, adding though that $60 and $65 per barrel oil price "does not scare oil companies."