Russian energy ministry expects average oil price of USD35/b in 2020

MOSCOW (MRC) -- The Russian energy ministry expects the average Urals price to be USD35/b in 2020, minister Alexander Novak said in an interview with German daily Handelsblatt published June 20, reported S&P Global.Russia's 2020 budget is based on an oil price of USD42/b, officials said previously. Novak said he currently only expects oil services providers, who have been hit hard by Rus

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