11 Mar 2015 13:10

Oil prices might grow to $60-$70 per barrel in H2 - Energy Ministry

MOSCOW. March 11 (Interfax) - Global oil prices might rise to $60-$70 per barrel in the second half of the year, Energy Minister Alexander Novak told reporters at the National Oil and Gas Forum.

"We expect that prices might grow to $60-$70 per barrel in the second half of the year. This is a fair price," he said.