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

Business & Economy May 18, 2016, 13:38

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.

Read more on the site →