Date: 4 days ago   Category: Energy

Medvedev called prices of oil unpredictable — Rambler News Service


Photo: globallookpress.com of Price of oil are volatile and are substantially unpredictable, the prime minister Dmitry Medvedev said in an interview to the Russian TV channels. "We really create and margin of safety is farther in order that our economy was protected in relation to external shocks. And these shocks remain. It is obvious that prices of oil... are substantially unpredictable, and in spite of the fact that now there take place consultations within OPEC, we will look what from all this will turn out. This the first. And the second that is not less important for our economy, it, of course, preservation of opposition with a number of the countries.... It is silly to say that it does not influence economy in any way" — he told. At the same time Medvedev noted that in these conditions Russia could increase currency reserves. According to him, in a year they grew by $30 billion – to more than $460 billion.

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