MOSCOW TIME: 25.04.2024 18:55:47
The oil price will hover in the range of $65-75 by the end of this year, Russia’s Energy Minister Alexander Novak said.
"The oil price was lower at the beginning of the year than today. I think the average oil price will be in the range of $65-75," he said.
The price of the futures contracts of Brent crude oil has added almost 20% year-to-date, exceeding the $80 per barrel mark first since November 2014.
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