26 April 2018

Economic Ministry expects oil prices at $52-53

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

The price hike will push Russia’s export revenues up, a representative of the ministry said. informs, the price of Urals crude oil will amount to $52-53 per barrel in December 2016, a representative of the Economic Development Ministry told TASS Monday. "Russia’s Economic Development Ministry expects the average price of Urals crude oil to be $41.7 per barrel in 2016, and around $52-53 per barrel in December," he said.

The decision of oil-producing nations to cut production was expected, the representative said, adding that the price hike will push Russia’s export revenues up. "Yes, it was expected. The rise in global oil prices, which will follow the OPEC crude production cut, will cause a growth in nominal export yields," he said.

2016.12.12 / 23:29
See also

Moscow to host Russia, Turkey, Iran ministerial meeting

Armenia’s ruling party to mull replacing leader

S Korea's Moon to meet N Korea's Kim at border for summit

80 trucks waiting to block Yerevan streets - Video

UK-based advocacy group details alleged torture in US

Who will be the new prime minister? - Live

Zakharova calls intrusion into Russian consulate

Trump setting stage to intensify Iran sanctions

Yemeni president receives UN envoy in Riyadh

US sets eyes on Arabian black gold reserves, bank accounts

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla