The IMF has predicted the price of oil for the next two years

The price of oil in 2017-2018 will continue to rise, but their growth rates differ somewhat from the previously announced forecasts. This is stated in the IMF report «prospects of development of world economy», released on Monday.

«The average price of oil in U.S. dollars a barrel was 42.7 per dollar in 2016; the assumed price based on futures markets (as of December 6, 2016), is 51.2 US dollar in 2017 and 53.0 US dollar in 2018», — stated in the document.

Oil prices in recent weeks «has increased due to the agreement between major oil producers to restrict supply.»

Thus, based on the table, it is seen that, according to forecasts, the price of oil will rise in 2017 19.9 US dollar, which is $ 2 above the previous forecasts. However, in 2018 the growth will decrease to 3.6 per dollar, down 1.2 per dollar than was anticipated a year earlier.

We will remind, the US Department of energy predicts that by 2040 the price of a barrel of oil will amount to 141 dollar.




The IMF has predicted the price of oil for the next two years 17.01.2017

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Январь 17th, 2017 by
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