Baku. Musa Ahmadov - APA-Economics. Fair price for oil is $ 100 per barrel. This opinion was expressed by the President of Venezuela, Nicolas Maduro on Wednesday, November 19.
The price level of $ 100, as noted Maduro, will ensure the stability of oil production, because it guarantees the flow of investments into the oil industry.
He accused US of using fracking method in order to damage Russia’s interests and fall of oil price in the future: “They do their best to prevail over Russia because China has already increased production, Russia is also doing same”, he stressed.
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