The head of Lukoil predicts $ 100 per barrel

The head of the Lukoil oil company Vagit Alekperov does not predict a sharp decrease in oil prices, Interfax reports. According to his forecasts, in 2013 the price will be $ 100-110 per barrel.

“We all predicted that prices would be at the level of $ 100, but the price dropped just below $ 95. But I am deeply convinced that due to the costs that oil companies incur during oil production, especially at complex fields, the economy will not allow oil price below $ 90, ”Alekperov said on the sidelines of the St. Petersburg International Economic Forum.

Alekperov considers oil prices at the level of $ 95-110 per barrel "objective, which arrange oil producing countries, oil companies and consumers." In his opinion, there will be no sharp drop in price, and if it is, it is very short -term.

Recall that today the Vedomosti newspaper wrote that the Russian government is preparing to fall in oil prices up to $ 60 per barrel and, under such a script, officials are already starting to clip an alternative budget. According to a source in the Ministry of Finance, Prime Minister Dmitry Medvedev received a stress budget

The draft budget for 2013, which will be presented in the State Duma, is calculated based on the oil price of $ 90 per barrel.