Oil prices rose to October levels 12:23

The price of North Sea Brent oil rose to $78 per barrel for the first time since October 14. writes According to auction data TASS agency.

March futures contracts for a barrel of this coupon oil rose to $78.06 as of 12:15 Moscow time. data Inveating.com platform.

Price of 1 barrel of Brent oil in September decreased Prices were at this level for the first time since December 13, 2023. At the same time, WTI futures for October delivery fell to $69.43 per barrel.

In November, Vedomosti, based on data from the consulting company Kept wroteAnalysts predicted a decline in oil prices in 2025. According to them, the increase in production in the USA and the countries that are party to the OPEC + agreement will lead to a decrease in raw material costs.

According to experts, the average price of Brent oil in 2025 will be 76 dollars per barrel, which will be 6% lower than the 2024 level. The assessment is based on consensus forecast data from more than 50 analytics companies, agencies and investment banks.

It was like that before named The condition is that oil prices rise above $90.

What are you thinking?



Source: Gazeta

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