Novak outlined a comfortable oil price for Russia – Rosbalt

The oil price of $ 65-80 per barrel next year will be comfortable for Russia, but volatility in the “black gold” market cannot be ruled out. This was stated in an interview with RBC by the Deputy Prime Minister of the Russian Federation Alexander Novak.

According to him, “now the oil price is about $ 75 per barrel.” “For us next year the price will be $ 65-80 per barrel. I deliberately take such a large range, because volatility in the market is not excluded. In principle, our budget in 2021 is balanced at $ 43.3 per barrel, for 2022 it is $ 44.2, and the forecast of socio-economic development assumes higher prices, ”the Deputy Prime Minister said.

At the same time, he noted that now the consumption of oil in the world continues to grow, despite the ongoing coronavirus pandemic and COVID-19 infection.

We also add that on Wednesday morning, oil prices continued to rise, reflecting moderately positive sentiment on world markets, states PRIME.

At the same time, in Europe, the threat of lockdowns due to the omicron shifted to 2022, and no other negative news appeared.

Source: Rosbalt

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