The Finance Ministry estimates the average annual oil price in 2016 of $40

The Finance Ministry estimates the average annual oil price in 2016 of $40


The Russian authorities are ready to any development of the situation around oil prices, said Finance Minister Anton Siluanov.

MOSCOW, 30 Dec. Assessment of the Ministry of Finance of the Russian Federation on the average annual oil price in 2016 is about $ 40 per barrel, but the authorities are ready for any developments around oil prices, said Finance Minister Anton Siluanov.

The survey

What will happen to oil prices in 2016?

  • Will collapse to $ 20 per barrel
  • Will remain at around 30-35 dollars
  • Edge up to 45-50 dollars
  • Soar to 90-100 dollars

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