• The IMF has revised its forecast for oil

Market news

21 tháng 1 2020

The IMF has revised its forecast for oil

Experts of the International monetary Fund (IMF) revised upward the forecast of world oil prices for 2020 - by $0.09 to $58.03 per barrel, according to the January report of the IMF.

At the same time, the average price of a barrel of oil for 2021 is expected to be $55.31 per barrel, and last year, according to the Fund, it was $60.62.

Earlier in January, the World Bank (WB) suggested that the average price of oil will "slightly decrease" in 2020 and reach $59 per barrel in 2021. As indicated in the organization's January report, in 2019, the average cost of oil was $61 per barrel.

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