Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group of analysts forecasting a return of oil to three-digit territory. The average price of Brent over the next five years, however, will be between $50 and $70 per barrel, according to the bank, as quoted by The National.
The bank also said OPEC+ might decide to reverse its production cuts now that Brent is trending above $60, but added that a slow return of U.S. shale to international markets might…Bank Of America Expects Fastest Oil Price Rise In 30 Years
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться