Predicted oil price of $ 100 per barrel


Photo: Vitaly Timkivi / RIA Novosti

In 2019 the oil price could rise to $ 100 per barrel. To such conclusion analysts of Bank of America, reports Bloomberg.

Experts have linked the growth rates with the risk of supply disruptions from Venezuela and Iran, and also due to the reduction of world oil reserves. These factors will definitely lead to a rise in prices to $ 90 per barrel, and in the case of OPEC’s decision to leave in force the agreement on reduced production and the imposition of sanctions on Tehran, oil Brent will submit the $ 100.

This is the first made on wall street speculation about the return of high prices for black gold. Another big player, Goldman Sachs Group Inc., expecting growth of prices in 2019 to 82.5 dollars per barrel.

11 may on the Moscow stock exchange Brent offer 77,45 dollar.

On may 8 it became known that the Russian budget revenues from oil exports in January-March this year rose at an annual rate of 21 percent and amounted to 28.2 billion dollars. The volume of foreign supplies of oil fell by 1.5% to 61,6 million tons.

Video, photo All from Russia.


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