Leading expert of the national energy security Fund Igor Yushkov called analysts in the Wall Street Journal that the price of oil in 2025 could rise above $ 150 per barrel, "a pretty bold statement." This told RT.
In his opinion, similar prices may occur with a significant deficit.
After a volatile beginning of the year for oil prices may in the future climb above $ 100 per barrel and reach $ 150 by 2025, allow analysts quoted by the newspaper Wall Street Journal.
As writes the edition, some experts predict a fall in investments in oil and gas production, which can lead to price spikes above $ 100 per barrel. "This financial pressure will be significant. Some manufacturers will be really difficult to implement mining... Prices can quite easily reach $ 150 by 2025", - the newspaper quoted Director of the Northern investment Capital Trace Trevor wood (Trevor Woods).
Oil prices on Thursday morning to grow for the second consecutive trading session on the wave of optimism caused by the reduction of inventories in the United States, according to the auction.
As of 7: 40 am GMT, the September futures price for North sea petroleum mix of mark Brent has grown on 0,21% - to 42.12 per barrel. August futures on WTI rose in price on 0,13% - to 39,87 USD per barrel.
Oil exports (excluding petroleum products) from Russia to the United States in April fell by more than 12 times on a monthly basis, to 396 thousand barrels, Russia dropped to 16th place in the ranking of the largest suppliers of oil in the United States, according to the energy information administration of energy of the United States (EIA).
In March Russia occupied the 7th place, putting in the United States 4,888 million barrels of oil. In April in the first place were Canada, which is followed by Mexico, Saudi Arabia and other countries.
Oil exports via the Transneft system at Belarusian refineries in June 2020 decreased by 27% compared to the same period of 2019, up to 1 million tons, in July it is planned to supply 1.4 million tons, reported RIA Novosti Advisor to the President, the press Secretary of "Transneft" Igor Demin.
"At Belarusian refineries put 1 million tonnes (in June 2019 1.4 million tons)," he said.
Oil prices on Monday morning, significantly reduced the concerns about the coronavirus and its impact on demand for raw materials, according to the auction.
As at 7.48 GMT, the September futures price for North sea petroleum mix of mark Brent fell by 1.88 percent to 40.18 percent. August futures for WTI crude oil depreciated by 2.21% to 37.64 per dollar per barrel.
The rate of decline in global oil prices has accelerated to about 4.5% after the release of statistics US Department of energy on its reserves and production in the country, according to the auction.
As at 17.56 GMT the price of August futures for North sea petroleum mix of mark Brent fell by 4.46% to 40.73 per barrel, the August futures for WTI - by 4.63% to 38.5 percent. Earlier in the day, these prices fell to 1-1,5%.
Oil prices Monday morning show a negative trend amid lingering concerns over the recovery of demand, according to the auction.
As of 7.57 GMT the price of August futures for North sea petroleum mix of mark Brent fell by 0.26% to 42.09 USD per barrel. August futures for WTI crude oil depreciated by 0.48% to 39.66 USD per barrel.
World oil prices rise on Friday afternoon on average by 2.5%, markets digest the results of the meeting of OPEC , which supports expectations for the balance of supply and demand of oil, according to the auction.
As at 13.23 GMT the price of August futures for North sea petroleum mix of mark Brent has grown on 2,24% - to 42,44 dollars per barrel. July futures on WTI rose in price by 2.83% to 39,94 USD per barrel. In the morning, oil rose in price by about 1%, and the day growth of quotations reached 3% or more. Since the beginning of the week oil quotations grew on average by almost 10%.
Ministry of natural resources has asked the Ministry and the government with a proposal for a systematic support of oil service companies, the Agency is also ready to take part in the creation of conditions for the formation of the Fund unfinished oil wells with the use of domestic technologies and equipment, said in an interview with RIA Novosti, the head of MPR Dmitry Kobylkin.
"Stable and well-developed oil services sector – the key to efficient development of oil and gas resources. So, of course, we support this initiative. For its part the Ministry of environment asked the Ministry and the government with a proposal for a system support companies providing a broad range of exploration services," said Kobylkin on the question of the establishment of the Fund pending wells to support the oil services industry of the Russian Federation.
Oil prices decline on Monday by 2-3% due to concerns about slow demand growth for raw materials, intensified against the background of growth in the number infected with the coronavirus in the United States, according to the auction.
As at 7.47 GMT the price of August futures for North sea petroleum mix of mark Brent fell by 2.3% to 37,85 dollars per barrel. July futures on WTI oil depreciated by 3.34% to 35.05 USD per barrel.
The Federal Antimonopoly service (FAS) of Russia issued a warning to the President of the Independent fuel Union (NTS) Pavel Bazhenov because of the statements about the upcoming increase in prices of petroleum products, according to service.
"FAS Russia warns the President of the Union of independent participants of the fuel market "Independent fuel Union" from taking actions that may violate the law on protection of competition Public statements about the upcoming increase in prices of petroleum products in the absence of objective reasons unacceptable," - said in the message.
The increase in world oil prices accelerated to 3% on Friday afternoon in anticipation of Saturday's OPEC meeting and possible solutions to reduce production, according to the auction.
As at 13.46 GMT the price of August futures for North sea petroleum mix of mark Brent grew by 3% to 41.18 per barrel, the July futures for WTI - by 2.38%, to 38.3 per barrel. On the morning of Friday the rise in oil prices did not exceed 0.5%.
The world prices for oil on Friday grow, investors are expecting new information about the dates of the meeting of the representatives of the countries of the OPEC deal , according to the auction.
As at 7.45 GMT the price of August futures for North sea petroleum mix of mark Brent has grown on 0,55% - to 40,21 per barrel. July futures on WTI rose in price on 0,24% - to 37.5 per barrel.
The price of Brent crude oil rose above $ 40 for the first time since March 6, when the collapse of quotations, according to the auction.
As 03.44 GMT the price of August futures for North sea oil mixture Brent grew by 1.14% to 40.08 USD per barrel. July futures on WTI as at 03.46 GMT rose in price on 1,96%, to NOK 37.53 per barrel.
A temporary ban on the import into Russia of gasoline, diesel fuel, kerosene, marine fuels and gas oil entered into force on 2 June, a decision the government made on 25 may.
Restrictions imposed prior to October 1, but if necessary, the relevant agencies may until 15 June to make a decision about change of term of its action.