Economic minister Ulyukaev making forecasts for next year
– Says oil market volatility will ease in second half of 2016
– Oil forecast of $50 is realistic
– Does not see budget or banking risks from oil at $40 (we’ll see won’t we)
Brent sis sitting on its lows at 41.10 after touching 41.03 and WTI sits a handful of ticks above the 37.86 low