Trump potentially ready to meet with Putin at APEC summitWorld October 23, 20:44
Mancini unlikely to drop Russia’s Zenit for West Ham — Italian ex-striker VialliSport October 23, 20:05
Volkswagen and Daimler inspected in European Commission’s antimonopoly probesBusiness & Economy October 23, 19:40
Baltic Fleet corvettes on long-distance voyage pass through English ChannelMilitary & Defense October 23, 18:56
South Korean chain to open 33 movie theaters in MoscowBusiness & Economy October 23, 18:41
Russian MP blasts Riga’s educational language reform ploy as ‘linguistic genocide’World October 23, 18:28
Collector robbed of masterpieces by top Russian artists worth over half a million dollarsSociety & Culture October 23, 18:04
Russian expert calls Trump's decicion to quit UNESCO irresponsibleWorld October 23, 18:03
Russian anti-doping agency’s chief says all WADA’s reinstatement criteria metSport October 23, 17:50
ROME, November 8. /TASS/. Russia’s Economic Development Minister Alexei Ulyukayev expects the price for Russian oil to stabilize at $50 per barrel or to be slightly higher in 2017-2019.
"My forecast - I think that the price for Russian oil will be around $50-50 plus. Gas price will be around $180-190 per 1,000 cubic meters. In our view, this is the level of balance that is comfortable both for consumers and producers," Ulyukayev said speaking to the Italian business community.
Price of oil in 2020 is likely to reach $60 per barrel, and might reach $99 by 2040, according to the forecast prepared by the Energy Research Institute of the Russian Academy of Science.
According to the document, in 2025 price of oil might rise to $81, in 2030 - to $88, in 2035 - up to $94.
In a critical scenario of the forecast, oil price in 2020 is expected to reach $55, in 2025 - $75, in 2030 - $83, in 2035 - $86, in 2040 - $90. In a positive scenario, oil price in 2020 is expected to reach $65, in 2025 - $82, in 2030 - $90, in 2035 - $103, in 2040 - $107.