Ministry: Average price of oil to be over $30 this year

Ministry: Average price of oil to be over $30 this year
  • Clock-gray 16:11
  • calendar-gray 28 April 2020

The Ministry of Energy of the Russian Federation expects that the average price of one barrel of oil will be slightly over $30 this year, said Alexander Gladkov, director of oil and gas production and transportation department of Russia’s Ministry of Energy, "APA-Economics" reports citing TASS.

 

 

"We expect that the average oil price will be $30 and slightly higher this year. In other words, the oil price won’t be $ 15 or 20. All our efforts are aimed just at this goal", A. Gladkov noted.

Emil Ismayilov

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