Economists forecast the end of high raw material prices cycle in Russia
Edited by Rhod Mackenzie / 2014-01-13 09:45:21
Brent oil prices went down to $107 per a barrel in trading on Monday (0.16%) due to the news, concerning the weakening of international sanctions towards Iran.
This country is the fifth largest hydrocarbon producer among the members of OPEC (organization of petroleum exporting countries). Teheran is going to get an access to the first $550 million from the frozen assets at $4.2 billion in exchange for a suspension of the nuclear programme since February 1, 2014.
