Economist Andrey Loboda: Russia will not lose from reduction of oil production of OPEK+

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Russia will not lose from voluntary reduction of oil production by the OPEC countries as it will entail a rise in prices for fuel. Such opinion in conversation with "Gazetoy.Ru" was expressed by the economist, the director of BitRiver Andrey Loboda, making comments on the December report of OPEC. The economist specified that the cost of barrel of the reference North Sea Brent brand will fluctuate soon in a corridor of $70-90 for barrel. "In December the price can be closer to the lower bound of a corridor, and in January is already closer to top as since January 1 OPEK%2V will reduce even more oil production to reduce surplus in the market...
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Andrey Loboda
Last position: Director of external relations (LLC "BITRIVER RUS")
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