Russia’s Finance Ministry Warns Of Another Price Collapse

Oil Well file photo

( – Irina Slav – July 9, 2018 – If prices remain at their current level, another collapse could be around the corner, the Russian Finance Ministry has warned in a report, cited by Sputnik. According to the report, the long-term equilibrium price level for crude oil is currently around US$50-60 a barrel, but actual prices are substantially higher […]

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