EconomyRussian Finance Ministry expects gradual decline in Brent prices
The Russian Finance Ministry expects Brent crude prices, which surged this year amid the Middle East situation and supply disruptions, to gradually fall to $60-$70 per barrel in 2027-2029. It said short-term prices will depend on the recovery of Middle Eastern oil exports and the rebuilding of global inventories after the conflict.
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TASS★★★☆☆2026-10-01 13:07Original
Russian Finance Ministry expects gradual decline in Brent prices