Russian Finance Ministry predicts $60-80/bbl oil price for next 3 years

By Staff reporter
Posted 3 December 2014 12:16 GMT

The average price of oil will fluctuate between $60 and $80/bbl over the next three years, but will likely be closer to $80/bbl, the head of long-term strategic planning at Russia’s Finance Ministry, Maxim Oreshkin, told journalists