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Russian officials: the current oil price is within Russia's expected range
Russian officials: the current oil price is within Russia's expected range on March 5
May 14, 2015
[China paint information] an official of the Russian Ministry of energy said on Wednesday (May 13) that the current oil price is within Russia's expected range
Dr. Fan said that Russia is not worried about the oil price rising to $65/barrel, which also indicates that Russia may not cooperate with OPEC to reduce production
Saudi Arabia and some other OPEC member countries said that only non OPEC member countries such as Russia would cooperate, otherwise they would not consider cutting production
the Russian Ministry of energy (1) compared the shrinkage, deformation and destruction of low carbon steel and cast iron. Alexander Nova Weili robot showed an IML forming system, which is said to be the first fully biodegradable thin-walled container in China. K said that the price of crude oil would rise to $65 to $70/barrel by the end of the year, and said that the level of $60/barrel could satisfy Russian producers
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