24.10.2014 - Russia says oil at $90 to $110 is ‘fair price’
The 'fair' and most comfortable oil price for world economies would range between $90 and $110 per barrel, with any fluctuations from that involving certain risks for the industry, Russia's Energy Minister Aleksandr Novak said. Most analysts believe the falling oil price won’t last long, as cheaper oil would make most of the current projects in the industry unprofitable, according to Novak speaking at the National oil and gas forum in Moscow on Wednesday...............................................Full Article: Source
Print