Analysts expect Brent crude to average will cost $ 60 per barrel.
International rating Agency Standard & Poor’s Global Ratings has raised its forecast for oil prices in 2018. This is stated in a press release from the Agency.
So, analysts expect Brent crude to average will cost $ 60 per barrel versus the previously anticipated $ 55 per barrel.
The assessment for the WTI improved to $ 55 per barrel to $ 50 per barrel.
Experts expect that the volume of the world’s oil supply as a whole will meet the level of demand in the first half of 2018.
However, they note that supply disruptions will be supportive of quotes in the short term.
Forecast for 2019-2020 upheld – $ 55 per barrel.
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