Russia’s energy minister expects oil to move through 2018

Russian Energy Minister Alexander Novak said on Wednesday he expected the price of Brent crude in 2018 to be between 45 and 55 dollars a barrel.

The minister also told reporters that China also asked Russia about the possibility of shipping about 3.5 million tons of oil through the Russian port of Cosmeno overlooking the Pacific Ocean next year.

Leave a Reply

Your email address will not be published. Required fields are marked *