Forecast: Cost of oil can rise up to $100

11:00 - 25.02.2021

February 25, Fineko/abc.az. In the next few years the price of Brent crude oil may rise up to $100 per barrel.

ABC.AZ reports with reference to yesterday’s relevant statement of Bank of America’s experts.

According to forecasts, in the 2nd half of this year the price of Brent may increase up to $70.

The optimism of analysts is based on the improvement of fundamental indicators and the implementation of economic stimulus programs in a range of countries around the world.

 

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