Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
US indulging in lies to have UN-OPCW mission’s mandate extended — Foreign MinistryRussian Politics & Diplomacy October 20, 19:31
This week in photos: Diplomatic kiss, Paddington's dance and French bank in flamesSociety & Culture October 20, 17:46
Scientific team unlocks secret to supercaps’ vast capacity as ‘the battery of the future’Science & Space October 20, 17:40
Russian economy’s losses from cyber threats may surge fourfold in two yearsBusiness & Economy October 20, 16:52
MOSCOW, April 19. /TASS/. Oil prices will reach $45 per barrel in the second half of 2016 and recover to $65 per barrel by 2018, Russia’s First Deputy Energy Minister Alexey Teksler said on Tuesday.
"It seems to me the average price will be about $45 per oil barrel in the second half of the year. The figure may be $50 [per barrel] in the next year. We expect the price will recover to $65 a barrel by 2018," the official said.
Representatives of oil producing nations met on April 17 in Doha. Delegations of eighteen countries attended the meeting. The participants failed to reach the production level freeze agreement. Negotiations ended with parties’ statements they need more time for consideration. The parties agreed the OPEC will hold additional consultations with its members that did not take part in negotiations prior to the OPEC summit in June, Russian Energy Minister Alexander Novak said earlier.