S&P: Oil prices to gradually decrease

S&P: Oil prices to gradually decrease
# 22 January 2022 11:00 (UTC +04:00)

The average price of the Brent brand oil may be at the level of USD 75 for per barrel this year, APA-Economics reports citing S&P Global Ratings

"The Brent oil price averaged $71 per barrel (/bbl) in 2021 (up from $43/bbl in 2020) and we project that it will average $75/bbl in 2022 (see "S&P Global Ratings Revises Oil And Natural Gas Price Assumptions For 2022-2024," published Jan. 20, 2022), $65 in 2023, and $55 in 2024-2025," says Agency.

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