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Businessman Deripaska not ruling out oil price drop to $50 per barrel

US President Donald Trump said earlier that oil prices are falling faster than he expected

MOSCOW, March 13. /TASS/. Crude oil prices may fall to as low as $50 a barrel, Russian businessman Oleg Deripaska said on his Telegram channel.

"Not everyone wants to see oil at the level of $50 per barrel, but it will not be possible to evade that," Deripaska said, referring to an article in The Financial Times, where experts discuss benefits from the $50/barrel oil price for the United States.

US President Donald Trump said the day before that oil prices are falling faster than he expected and that he welcomed the oil price drop to $65 per barrel.