Analysts predict further reducing the cost of “black gold”. – Ekho Moskvy radio station

Analysts predict further reducing the cost of "black gold". – Ekho Moskvy radio station

 Analysts predict further reducing the cost of “black gold».

 The price of oil base North Sea Brent crude broke through the psychologically important level of $ 50 per barrel. Established a new low and Texas light oil WTI. At auction in New York February delivery of the brand cost less $ 48 per barrel. As recalled by the agency TASS, the last time at this level, WTI was during the 2008 crisis. Analysts say that the news would have been able to stop the fall in prices, now is not: OPEC refuses to reduce the volume of production of “black gold”, while stocks in US storage facilities continue to grow. According to those surveyed by Reuters experts, the likelihood that the cost of oil will continue to decline, large, since saturation of the market is only growing. Since the beginning of the week the price of energy has decreased by more than 10%. And since last June oil fell by more than half.

 The Russian Ministry of Finance based on the fact that the average oil price in 2015 will be held at the level of 60 dollars per barrel. In this case, the dollar will be approximately 51 rubles – believes the head of department Anton Siluanov.