Russia’s Novak Sees Oil Prices at $50-55 a Barrel Next Year
Alexander Novak, Russia’s energy minister, arrives ahead of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria. (Photographer: Stefan Wermuth/Bloomberg)

Russia’s Novak Sees Oil Prices at $50-55 a Barrel Next Year

(Bloomberg) -- Russia sees oil prices averaging $50 to $55 a barrel in 2021 as the development of Covid-19 vaccines spurs an economic recovery, said Energy Minster Alexander Novak.
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