Ukrainian Globalist

Forecast for oil prices is not always justified … The price of oil in the next three years will fall to 60 dollars per barrel. This forecast was voiced by Deputy Prime Minister, Russian Finance Minister Alexei Kudrin at the conference Renaissance Capital in Moscow. “We will be back in the next 3 years to have a reduction to 60 dollars, and I am sure that is possible and more. This is my prediction based on available intelligence “- he said.

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Oil prices remained stable today. The factor that prevents the oil price rise, is the threat of falling demand in the euro area. Quotes of the oil market on Monday 21 June on the basis of trades were closed with an increase in value against the release of positive news about the yuan from the central bank of China.

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Oil prices are subject to a mixed trend. Quotes of the oil market in the following trades were closed with an increase in the price on the background of positive economic news and data. On the New York Stock Exchange New York Mercantile Exchange price of July futures for petroleum of mark Light Sweet rose by 1.75, or 2.4%, and its price was 74.61 dollars per barrel.

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The price of oil on Wednesday May 26 soared thanks to economic reports released in the U.S.. Report U.S. Department of Energy on oil and petroleum products in the country, containing positive data, on demand, supported the market. The July futures for delivery of petroleum of mark WTI soared 4% to $ 71.51 per barrel. The July futures for the supply of gasoline went up by 2.4% to $ 1.96 per gallon.

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