Kudrin: Decline in oil price will last for several months

Baku. 22 November. REPORT.AZ/ The recent significant decline in oil price will be temporal but may last for several months, head of the Russian Accounting Chamber Alexei Kudrin said.

Report informs citing TASS that Kudrin spoke on the sidelines of the conference organized by the Eurasian Development Bank.

"I think this decline is temporal, it may last for several months," he said.

Brent futures with supply in January 2019 dropped by 7.8% to $61.97 per barrel at London ICE on November 20.