Oil price may exceed 150 per barrel - Dmitriev

The price of oil on the global market could exceed $150 per barrel in the next two weeks, special presidential envoy and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev stated.

"We may see oil prices [reach] $150 or more within the next two weeks," Kirill Dmitriev said.

Earlier, the envoy predicted that the price of oil futures would equal the price of physical oil in the next one to two weeks.