OIl price not to exceed $80 per barrel by end of 2018

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OIl price not to exceed $80 per barrel by end of 2018 - Sechin

MOSCOW. July 22 (Interfax) - Rosneft chief Igor Sechin said the price of oil will remain within the current range by the end of 2018.

"For our own budget, we are working on the premise of a price of $63 per barrel. Today we are seeing a price around $75. I think the price will remain roughly within these limits of $75, maximum $80, per barrel," Sechin told Rossiya-1 television channel.

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