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Page added on April 17, 2016
Russian Energy Minister Sees Oil Price at $50
Russian Energy Minister Alexander Novak said on Tuesday that he sees global oil prices at $40-45 per barrel in the second half of this year, with potential to rise to $50 by the end of 2016.
A planned meeting of major OPEC and non-OPEC countries in Doha later this month may allow to speed up the rebalancing of the oil market by three to six month, Novak said. He added that oil prices might reach $60 to $65 per barrel in 2017-18.
54 Comments on "Russian Energy Minister Sees Oil Price at $50"
Boat on Mon, 18th Apr 2016 8:58 pm
ape,
For being so well book read you are sure stupid. Most developed countries collaborate with each other. They visit each other, phone each other have net meetings etc.
In plastics we were doing that 20 years ago. Large companies have operations all over the world. The US has no need for more people. In fact 250 million is smarter population than the current 320 million.
GregT on Mon, 18th Apr 2016 10:55 pm
@Kevin,
You just keep digging yourself deeper and deeper into your chasm of endless, mindless, idiotic, non-sense. You’re a certified fucking moron Boat.
Apneaman on Mon, 18th Apr 2016 11:41 pm
Boat, all that commerce has worked so well that Texas is experiencing yet another multi billion dollar AGW jacked deluge. Houston – they had to shut the entire city down – we have a problem. Wow it’s been a whole two weeks since the last one – that was at least 2 billion. Better invest in a zodiac retard because the climate change party is just getting started.
Apneaman on Mon, 18th Apr 2016 11:52 pm
The Merciless Rains of Climate Change Hammer Houston, Southeast Texas — 12-18 Inches Accumulation, More Than 1,200 Water Rescues Reported
“Across the world, we’re starting to see such episodes now. Over the past week, Iran, Yemen, Qatar Saudi Arabia and Afghanistan have experienced flash floods resulting in loss of life. Severe floods spurred a major emergency response effort in Central and Northern Russia this weekend. And in Santiago Chile, streets turned into rivers as a sudden and extraordinary deluge both polluted the water supplies of 1 million people and transformed the world’s largest copper mine into a lake.”
“Sudden, Extreme Flooding in Houston Area
In the US, the City of Houston and the region of southeastern Texas experienced its own extreme deluge. There, a stubborn and unyielding high pressure system over the US East Coast, an omega block in the Jet Stream, a cut off upper level low, and a nearly unprecedented amount of moisture streaming in from the Gulf of Mexico and regions to the Equatorial South all conspired to aim a train of powerful storms in the form of an eye-popping mesoscale convective system (MCS) at the Houston region. Since early this morning, between 12-18 inches of rainfall fell over the city’s western suburbs with 6-8 inches inundating the city center. In some places, rates of rainfall accumulation hit a crippling rate of nearly 4 inches per hour.”
https://robertscribbler.com/2016/04/18/the-merciless-rains-of-climate-change-hammer-houston-southeast-texas-10-20-inches-accumulation-more-than-1200-water-rescues-reported/