Russia's Novak says 2018 average oil price is seen closer to $60 per barrel

Market news

13 February 2018

Russia's Novak says 2018 average oil price is seen closer to $60 per barrel

Global oil inventories are shrinking despite rising production in United States
Russian oil and gas companies planning to explore reserves in syria and restore existing deposits
Says United States acting unilaterally, dangerously in Syria, risking its territorial integrity

Mester: recent tax changes could add .25 to .5 percentage points to economic growth for next year or two, but longer-run impact on investment and hiring uncertain

UK producer price inflation rose 2.8% on the year to January

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