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Official: China’s economic slowdown may push crude prices down to $30 per barrel

MOSCOW, May 18. /TASS/. The slowdown of the Chinese economy may bring crude oil prices to the levels of the beginning of this year, meaning to around $30 per barrel, Russia’s Deputy Finance Minister Maksim Oreshkin said Wednesday.

"The Chinese recession may push oil prices back to the levels of the beginning of the year," he said.