This may seem unreal now, but six years ago the price was $16 per barrel.

Some 20 to 30 dollars (in the price per barrel) is pure speculation,

At $63.92 per barrel, this breaks the record for the highest WTI price at which a cut has been explicitly called for.

I believe that the Stabilization Fund is a sphere where simple solutions must be avoided.

The risks of corruption are real when decisions are made on individual cases. But unlike a unified procedure, this approach allows permission to be given in some instances.

Forty U.S. dollars per barrel is a reasonable price, taking into consideration production costs, supply and demand, trading and speculation activities.