Vice-Prime Minister Alexander Novak called the condition in which oil will rise to $ 200 per barrel. He told about it during the St. Petersburg Economic Forum (PMEF), RIA Novosti reports.
He believes that this is possible in case of termination of the financing of new oil projects. “I can’t imagine that the investments in new oil projects are stopped by tomorrow. Well, what will happen? Prices will probably be on oil 200 dollars, or gas prices take off. Volatility will increase,” so he commented on the recent supply of international energy Agencies (MEA).
Earlier about oil for $ 100, Minister of Energy of Russia Nikolai Schulginov. Rising prices to such a level, he considered unlikely in the next three years. He clarified that on the one hand, the United States introduced stimulating measures and oil demand increased, but, on the other hand, OPEC + continues to balance the supply and supply and supply policies, so that there are no sudden changes in oil quotes to wait now.
At the same time, as it turned out earlier, the export of Russian oil to foreign countries collapsed by 15.7 percent in January-May 2021 and amounted to 85.36 million tons.