The speaker: stabilization in the oil market is expected by the end of the first quarter

The speaker: stabilization in the oil market is expected by the end of the first quarter


Stabilization in the oil market will be one of the reasons of strengthening of the ruble, said the head of Ministry of economic development. According to him, the recovery movement dynamics of oil prices and associated gas prices and petroleum products is expected by the end of the year.

BEIJING, 16 Dec –. Stabilization in the oil market may come to the end of the first quarter of 2016, which will lead to the strengthening of the ruble, said Saturday the Minister of economic development of Russia Alexey Ulyukayev.

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

Comment | All polls