Source Pravda.Ru

YUKOS head forecasts fall in oil prices - 10 April, 2003 - News

Russian businessmen working in the oil sector are concerned about the future of oil prices after the end of the war in Iraq. Forecasting the possible dynamics of oil prices, head of the Russian oil company YUKOS Mikhail Khodorkovsky noted that oil prices would go down to about $16 to $18 per barrel and would stay at this level for a year and a half or two years. Another possible scenario will be a plummet in oil prices to $12 per barrel, the YUKOS head predicted. According to estimates released at a Cabinet meeting, with oil prices at $12 per barrel, the Russian budget will face a deficit of 445bn rubles (about $14.23bn at the current exchange rate, or 2.9 percent of the GDP) in 2004. At the same time, Khodorkovky noted that the sharper the fall in oil prices would be, the sooner they would return to previous high levels, the Kommersant newspaper reported.

© &to=http://www.rbc.com' target=_blank>RBC

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum
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Blame MH17 on Russia: International investigation turns into demonic circus
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Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus
Blame MH17 on Russia: International investigation turns into demonic circus