The U.S. Department of Energy cut its 2023 Brent oil price forecast by about 7.5%, from $85 to $78.65 per barrel. Such data is specified in the Energy Information Administration report of the American department. DEA News.
The US Department of Energy also lowered its 2024 Brent oil price forecast by 8.3%, from $81 to $74.47 per barrel.
Alexander Frolov, previously Deputy Director General of the National Energy Institute, in an interview with the newspaper Izvestia estimatedHe said North Sea Brent oil prices could stay at current levels or rise to $80 a barrel in May.
Vygon Consulting Consultant Ivan Timonin also declarationHe said that in 2023, the foreign exchange prices of Brent crude oil will most likely be fixed at $70-75 per barrel. According to him, there are currently no prerequisites for a significant increase in demand or a significant increase in supply in the global commodity market.
On May 4, Deputy Prime Minister Alexander Novak announced that Russia is currently reduces According to February indicators, the daily oil production volume increased by 500 thousand barrels. In this case, follow-up will be made according to independent sources.