During the next five years the price of oil will remain low – at the level of $80-85 per barrel. Such a forecast was made today by the former Minister of Finance of Russia, Alexey Kudrin."First of oil it is connected with development of shale oil and shale gas. Gas is often a substitute for oil," the ex-minister added. Also, the Middle Eastern countries don't want to give up their positions in the world economy, which also affects the price of oil.
During the next five years the price of oil will remain low – at the level of $80-85 per barrel. Such a forecast was made today by the former Minister of Finance of Russia, Alexey Kudrin.
"First of oil it is connected with development of shale oil and shale gas. Gas is often a substitute for oil," the ex-minister added. Also, the Middle Eastern countries don't want to give up their positions in the world economy, which also affects the price of oil.
