MED: $40-60 per barrel is a new reality in the coming years

Read on the website Vestnik Kavkaza

According to the forecast of the Ministry of Economic Development of Russia, the oil corridor of world prices will be $40-60 per barrel during the next five years.

"We proceed from the fact that the corridor of $40-60 per barrel is a new reality, a new normality during the next five years,’’ deputy head of department Alexey Vedev said.