Russian energy ministry expects average oil price of over $30 per barrel in 2020
Business & Economy
April 28, 2020, 15:24
MOSCOW, April 28. /TASS/. Russia’s Energy Ministry expects the oil price of slightly over $30 per barrel on average in 2020, director of the ministry’s department Alexander Gladkov told an online conference on Tuesday.
"This year we expect the (oil - TASS) price of over $30 per barrel on average, meaning not $15 and not $25," he said.
Gladkov added that the current crisis will not strongly affect the parameters of Russia’s Energy strategy through 2035 as it is based on not very high oil prices.