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World Bank lowers its forecast for 2023 oil prices
Energy
- 06 June, 2023
- 14:18
The World Bank lowered its 2023 oil price forecast to $80 per barrel, and improved the 2024 estimate to $82 per barrel, Report informs via Prime.
The price forecast for 2023 is reduced by $8 per barrel compared to the January forecast, and for 2024 it is increased by $2 per barrel.
In 2025, the World Bank expects oil prices to rise to $84.4 per barrel.
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