Oil this year will grow to a maximum of $53 per barrel.
The world Bank downgraded its forecast for growth in oil prices in 2017 by $2 per barrel to $53. This is stated in the report of the organization devoted to the commodity price.
At the same time, on the next 2018 forecast oil prices fell $4 to $56 per barrel of “black gold”.
“It is expected that oil prices will rise to $56 per barrel in 2018, with $53 this year, due to ever increasing demand, an agreed reduction in oil production among oil exporters and the stabilization of shale oil in the USA”, – the document says.
Earlier the world Bank predicted the growth in the price of oil to $55 in the current year. For 2018 until then, the organization predicted a barrel of raw materials at $60.
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