Bank Of Baku

Oil prices will gradually decrease in world markets in 2025-2026-FORECAST

Oil prices will gradually decrease in world markets in 2025-2026-FORECAST
# 15 January 2025 09:46 (UTC +04:00)

The US Department of Energy has raised its forecast for the average price of Brent benchmark oil in 2025 from $73.58 to $74.31, APA-Economics reports citing the reports of US Department of Energy's Energy Information Administration (EIA).

The price of WTI crude oil is expected to be $70.31 in 2025 (previous forecast - $69.12).

In addition, the EIA has announced its forecast for the average prices of the mentioned oil brands for 2026. Thus, according to the organization's assumption, the average price of a barrel of Brent next year will be $66.46 and WTI will be $62.46.

Noted that the price of Brent and WTI oil in 2024 was $80.56 (previous forecast - $80.49) and $76.6 (previous forecast - $76.51), respectively.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED