Russia to Maintain 2016 Oil Price Forecast Despite Brexit

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Russia will not revise its forecast of an average 2016 oil price of $40 after the Brexit referendum, Deputy Prime Minister Arkady Dvorkovich said Friday.

ST. PETERSBURG (Sputnik) — On Thursday, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit.

"No, we have a very conservative forecast," Dvorkovich told reporters, answering a question on a possible revision due to Brexit.

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