Finland, Russia have no serious problems in their relations — top diplomatWorld February 27, 21:49
Brazil's joyful carnivalSociety & Culture February 27, 21:30
Syrian opposition has no dialog partner seeking peace — chief negotiatorWorld February 27, 20:37
About 40 Arctic projects may be in Russia's Yamal backbone zone — governorBusiness & Economy February 27, 19:28
Russian Defense Ministry forms special purpose division near MoscowMilitary & Defense February 27, 19:13
Russian frigate in Mediterranean to deliver no strikes on terrorists in Syria — sourceMilitary & Defense February 27, 18:54
First stage of Arkhangelsk deepwater port to go operational by 2025Business & Economy February 27, 18:45
Cairo group says military option in Syria 'ruled out' after recapture of AleppoWorld February 27, 18:31
Communication breakdown between Russia and EU deters fight against real threats — MPRussian Politics & Diplomacy February 27, 17:40
ZHUKOVSKY (Moscow Region) August 26. /TASS/ Sberbank CEO German Gref does not expect the oil price to fall below $ 40 per barrel, he told journalists on Wednesday at the international aerospace show MAKS-2015.
"We are not pessimists and we do not support the forecast that the oil prices will be at $20 or even $40 per barrel. But it is obvious that the price will not be very high," he said.
Gref also stressed that the he expects the movement of oil prices in the $50-$60 per barrel range.
"The price below $50 in the next year is possible scenario. But it is a matter of chance, and there are less chances that the price will decline," he emphasized.
However, Gref said that he was "not so optimistic" about the economic growth in 2016. "Everything will depend on a number of circumstances, including on what the price of oil will be like," concluded he.