European Commission raises its forecast for Brent oil price

European Commission raises its forecast for Brent oil price
# 15 November 2023 15:15 (UTC +04:00)

The European Commission (EC) has raised its forecast for the average annual price of the Brent crude oil from USD 63.9 to USD 84.1, APA-Economics reports citing fall reports of European Comission.

According to the forecast, average annual price of the Brent crude oil for per barrel will be USD 84,5 next year instead of USD 61.6 per barrel expected last fall.

The price of Brent oil is predicted to be at USD 79,6 for 2025 according to the report.

#
#

THE OPERATION IS BEING PERFORMED