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Montevideo, May 3rd 2024 - 05:25 UTC

Tag: Gustavo Delgado

  • Friday, October 17th 2014 - 06:53 UTC

    Russia's Gazprom forecasts oil at 70 dollars a barrel in the short term

    “It could be at 70-75 dollars in a question of months,” Gustavo Delgado, head of Gazprom in Venezuela

    The global oil market slump looks likely to continue, with prices possibly nearing 70 dollars a barrel in the short term, an official of Russian gas producer Gazprom said. Crude fell more than on dollar a barrel on Thursday to a four-year low below 83 a barrel as growing concerns over the global economy stretched a four-month rout.