MOSCOW (Sputnik) — Oil prices for 2017 may well stand at around $48 per barrel, Russian Economic Development Minister Alexei Ulyukayev said Wednesday.
“Today out price costs some $48 per barrel, built up from the beginning of the year – from $40.5 per barrel approximately. If this level will hold, the [medium price] per year will be $42 per barrel, so that the speculation about $48 per barrel is very realistic,” Ulyukayev said.
