Russia Says It Can Weather $25 Oil For Up To 10 Years

Source: https://www.zerohedge.com/energy/russia-says-it-can-weather-25-oil-10-years
Published: Mar 9, 2020
Author: Tyler Durden
Post Date: 2020-03-09 11:42:57 by Horse
Views: 65

The Russia Finance Ministry said on Monday that the country could weather oil prices of $25 to 30$ per barrel for between six and 10 years.


Poster Comment:

Shouldn't take more than 10 weeks to bankrupt those high cost producers from tar sands and the like.

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