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DAVOS, January 21. /TASS/. Russia's former finance minister and the head of the Civic Initiatives Committee thinktank Alexey Kudrin does not rule out oil prices could plunge to $16-18 per barrel.
"Today there is a wide range of factors putting pressure on [oil] price. It will be lower than today. It may reach 18 and even 16 [dollars per barrel] but for a short period of time. Indeed, it will be the lowest point," Kudrin said.