Oil Prices in 2018 Could Stand at $45-55 Per Barrel

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Russian Energy Minister claims that that oil prices in 2018 would stand at around of $45-55 per barrel.

VLADIVOSTOK (Russia) (Sputnik) — Russian Energy Minister Alexander Novak on Wednesday said that the ministry forecasts that oil prices in 2018 would stand at around of $45-55 per barrel.
“According to our forecast, we have different estimations, the Brent prices… would stand at around of $45-55 per barrel,” Novak told reporters on the sidelines of the Eastern Economic Forum (EEF) answering a corresponding question.

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