The Ministry of Finance made a drop in oil prices to $ 30 per barrel – RBC

Russian Ministry of Finance does not exclude that the price of oil could fall to $ 30 a barrel and stay on this indicator for “a long time”. This was told in an interview with the World Economic Forum, Deputy Finance Minister of Russia Maxim Oreshkin, reports TASS

«There is a stress scenario where oil will be in the region of 30 [per barrel] for a long time” -. He said, <. / p>

He said that such a scenario exists, since the main risk is related to the economy of China. Oreshkin thus stressed that in the baseline scenario the price of oil reaches $ 40-50 per barrel.

Earlier in the afternoon, industry analysts polled by to Reuters, have lowered forecasts for oil prices. According to 34 analysts and economists, in 2016 the cost of oil will be $ 45.44 per barrel. In July, it was $ 45.51 per barrel. Reuters noted that since the beginning of the year the average price of Brent was $ 42.59 per barrel.

Four federal official told “Vedomosti” said that the Ministry of Economic Development has prepared for the period 2017-2019 a further embodiment of the basic forecast budget indicators, which carries crude oil price of $ 50-55 per barrel. This baseline scenario assumes oil price of $ 40 per barrel.