“Approximately $100-110 per barrel,” he told RIA Novosti.

Meanwhile, Sukhov noted, in an attempt to establish a special price ceiling for Russian oil, the cost of a barrel could reach $130-140.

“Our oil, of course, will not take full advantage of these benefits, but it will not fall in price either,” Sukhov stated.

Earlier, Alexander Perov, head of special projects of the National Energy Security Fund, commented on the situation on the oil market in an interview with Economics Today.