Gref: Oil price can dwell on $ 60-70

The price of oil will be held at the level of $ 40 per barrel not long, but in the coming years it may dwell at around 60-70 dollars. So, according to RIA Novosti , the president of Sberbank, the former head of the Ministry of Economic Development, German Gref, believes.

In his opinion, now you need to wait for the bottom. "It would be a mistake to sit and wait for the rebound of prices back ... There are a lot of people who want to predict now that there will be a rebound. It will not be good, but it would not be as good as it was," he said.

According to him, over the past months there has been a "landslide drop in prices", and now the price of oil balances at the level of cost. “This is already a very sore level of oil prices for many countries,” says the head of Sberbank.

“There are three key triggers of the economy: actually a structural slowdown in the economy, the geopolitical situation around Russia and the situation with oil prices - this factor becomes key,” Gref noted.

The other day, we recall, the grandson of the founder of Saudi Arabia and one of the richest Arab businessmen Al-Valid Ibn Talal Al Saud said he did not believe in a return to a level of $ 100 for a barrel of oil. The prince is sure: the largest manufacturers will not be able to agree to reduce oil production in order to reduce the supply of supply in the world market and achieve prices. The former chief economist and director of research by the International Monetary Fund, a professor of economics of Harvard University Kenneth Rogoff, in absentia, argued in absentia. On Tuesday, he said that oil price in the medium term could return to the level of about $ 100 per barrel.

Experts predict the price below $ 40 per barrel

World oil prices continued to fall against the background of an overalls of the oil market, Bloomberg reports. On the intercontinental futures exchange of ICE Barent Oil Brent, with delivery in February, it cost $ 45.76. The price of a wti barrel fell to $ 45.20.

According to the head of the research department of Sociate Generale SA, Mike Whitner, whose words quoted by Bloomberg, in the near future oil prices will continue their fall.

"The markets continue to bargain in a huge overabundance in the first half of 2015. We are going to go down below $ 40 per barrel," he said.

On January 13, the cost of oil of the Brent variety fell to the minimum mark since April 2009. On the same day, for the first time since July 2013, WTI oil was more expensive than Brent. On January 6, prices fell below $ 50 per barrel for the first time since 2009.

Since the beginning of the year, the American futures exchange Nymex The total amount of options for the sale of oil futures WTI with delivery in June 2015 at a price of $ 20 per barrel from a mark close to zero, to the present, has risen to 13 million barrels. This review demonstrates how over the past month oil prices have collapsed.

A review of The Times, which has been released on Wednesday, also notes that oil prices can drop to $ 20, setting a 20-year anti-record.