BLOOMBERG The Pulse January 15, 2015
Told Ryan Chilcote the country is heading into a recession if oil stays at 45 a barrel. The Current Situation 45 dollars a barrel and you expect that to be all year. In that case, the depreciation will be 4 5 . Oil price you are working on right now . It is a possible scenario. It is the worst possible. Generally, it will be higher than now. In case it is 45, the decline would be 4 or 5 . How long do you see the recession lasting . It depends on markets and we think that it will be 2016 are 2017. Or 2017. One of the price of oil stays low be on this year . We will have Something Like 170 billi...