Russian Energy Minister Paints Bleak Picture for Oil Prices
September 08, 2020 at 11:40 AM EDT
Oil prices have bounced since April’s memorable sell-off, but a recent CNBC report noted that Russian energy minister Alexander Novak is forecasting a modest recovery next year. The bleak picture for oil prices could come via weak demand and continued effects of Covid-19. “My forecast for 2021 is a...