Low oil prices may persist for a long time

8 December 2014, 12:27
Vasilii Apostolidi
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Recently, there are many articles in which the authors write that low oil prices may persist for a long time.


Earlier, D.Yergin said that to stop the growth of production in the United States need at times to within half a year the price of oil stood at $ 70. This may also include the data of the largest operator in the market shale oil ConocaPhilips that critical levels at cost in the key US shale deposits - is the range of 55 $ -65 $.

If we assume that the whole operation to a collapse in oil prices ventured in order to clear the field of competitors, the prospect protorgovki current levels for a long time looks quite logical.

This means that the above USDRUB 50 may also have losses for a long time. McAuley NICHOLAS LUDANOV
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