Russian Energy Minister Nikolay Shulginov said crude prices in the range of US$80 to US$150 a barrel were in principle possible but said Moscow was more focused on ensuring the oil industry continues to function. — Reuters pic

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NEW YORK, April 13 — Russian Energy Minister Nikolai Shulginov told Izvestia newspaper that Moscow is ready to sell oil and oil products to “friendly countries in any price range”, Interfax news agency said yesterday.

Shulginov said crude prices in the range of US$80 to US$150 (RM338.64 to RM338.64) a barrel were in principle possible but said Moscow was more focused on ensuring the oil industry continues to function, Interfax said. — Reuters