Baku 29° C
Fitch updates oil prices forecast
Energy
- 08 December, 2021
- 16:44
Fitch Ratings has raised its oil prices forecast for the near future.
According to the agency's December report, the average price of Brent crude oil in 2021 was $71 against $63 in September and will be $70 against $55 in 2022, and $60 against $53 in 2023.
The average oil price, which was $43.3 last year, was $55.8 in 2016-2020.
Author
Latest News
17:55
Oil tanker explodes in Strait of Hormuz after hitting sea mine
Other countries17:38
Netanyahu announces his visit to US tomorrow
Other countries17:21
Australia seeks repeal of new US tariffs
Other countries17:07
Romania slams Russia as third drone shot down
Other countries16:47
Azerbaijani rowers to take part in European Championships in Varese, Italy.
Individual sports16:36
Iran caused $20B in damage to US in 2 weeks of fighting
Region16:15
Iran destroys almost entire US infrastructure in Erbil
Region15:53
Vance, Caine worried about possible escalation of US-Iran conflict — CNN
Other countries15:35