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A critical level for oil price has been voiced

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A critical level for oil price has been voiced

The critical price level for RF oil companies is $5-15  for a barrel of Ural  brand oil.

 

The RF Minister of Energy, Alexander Novak, has talked about this in an interview in Moscow. He said that it is the prime cost for black gold extraction. But the probability of the price decreasing to $10 a barrel is very low, though the possibility will remain for some time, the minister remarked.  

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