The Central Bank of Russia allowed the repetition of the long -term oil crisis of the 1980s due to the US policy and OPEC. Reporting this Reuters Reference to the closed presentation of the regulator.
According to the agency, the document was prepared to discuss at a meeting led by Prime Minister Mikhail Mishustin. One of the slides says the oil price is a serious risk. In addition to other risk factors, a significant increase in production in the United States and except OPEC. The presentation also states that OPEC’s reserve capacities are approaching the historical maximum and is comparable to Russian raw oil export volume.
According to Reuters, the presentation states that after the high oil prices period in 1974-1985, a 18-year decline took place from the slide and emphasized that this fact was emphasized with three exclamation.
Lyudmila Rocotian permitted In an interview with Gazeta.ru, Brent oil prices may fall to $ 60-65 per barrel in 2025.
Previous Energy Specialist Yushkov announcedThat the ceiling of Russian oil prices can be revised.
What are you thinking?
Source: Gazeta
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