Level of fluctuations of the world prices for oil studied in Ministry of Energy of the Russian Federation

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Ministry of Energy of the Russian Federation shared the forecast on dynamics of the oil prices in the world till 2025. According to the draft of the general scheme of developments the oil sphere till 2035, global prices of oil till 2025 will be in an interval between 50 and 75 dollars for barrel. About it writes information agency "ITAR-TASS". "Preservation of the prices at the level of 50-60 dollars for barrel and will be set by low level of investments in mining assets in 2020-2022 above (if production regulation within agreement OPEK%2V remains)" — it is specified in the report. It is supposed that oil of the Brent brand in 2025 will settle down at the level of 68 dollars for...

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Saudi Aramco
Main activity:Production of coke, oil products and nuclear materials