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    21.01.2016 09:49 Fitch Ratings expects WTI crude price to be $45 a barrel in 2016

    Fitch Ratings said on Wednesday that it expects WTI crude price to be $45 a barrel in 2016. In stress case, WTI crude price is expected to $35 a barrel.

     

    "Fitch believes oil prices in the current $30/barrel spot range are not sustainable over a protracted period, as they cover cash costs but not the replacement of developed reserves," the agency said.


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