The average price for oil in 2018 may reach $ 65-75 per barrel, the Minister of Energy of the Russian Federation, Alexander Novak said.
"I think the average prices can be at the level of $ 65-75, in this range," he said to the journalists on the sidelines of the SPIEF.
Yesterday, the energy ministers of Russia and Saudi Arabia said that the OPEC + will decide to increase the oil production gradually at the June meeting.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
