USD 93.2918

+0.04

EUR 99.5609

+0.2

Brent 88.45

+0.01

Natural gas 2.127

-0

743

Russia's Prediction on Oil Price in 2009

The Russian Economy Ministry reiterates its forecast on the average price for oil in 2009 at $41 per barrel

Russia's Prediction on Oil Price in 2009

Deputy Economy Minister Andrei Klepach repeate yesterday the previous forecast on the average oil price in 2009.

By the way, the ministry's forecast on the average ruble exchange rate against the dollar also remained unchanged at 35.1 RUB/USD. At the same time, inflation is estimated at 13-14 percent.

But, unfortunately, GDP growth forecast was revised from minus 0.2 percent to minus 2.2 percent.

Author: Ksenia Kochneva


Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru