Economic minister Ulyukaev making forecasts for next year

  • Says oil market volatility will ease in second half of 2016
  • Oil forecast of $50 is realistic
  • Does not see budget or banking risks from oil at $40 (we'll see won't we)

Brent sis sitting on its lows at 41.10 after touching 41.03 and WTI sits a handful of ticks above the 37.86 low