S&P raised the Outlook on oil prices

S&P повысило прогноз цен на нефть

International rating Agency Standard & Poor’s Global Ratings raised the Outlook on oil prices

Analysts expect Brent crude to average will cost $ 60 per barrel versus the previously anticipated $ 55 per barrel, and the assessment for the WTI improved to $ 55 per barrel to $ 50 per barrel.

International rating Agency Standard & Poor’s Global Ratings has raised its forecast for oil prices in 2018. This is stated in a press release from the Agency, writes Interfax-Ukraine on Monday, 22 January.

So, analysts expect Brent crude to average will cost $ 60 per barrel versus the previously anticipated $ 55 per barrel.

The assessment for the WTI improved to $ 55 per barrel to $ 50 per barrel.

Experts expect that the volume of the world’s oil supply as a whole will meet the level of demand in the first half of 2018.

However, they note that supply disruptions will be supportive of quotes in the short term.

Forecast for 2019-2020 upheld – $ 55 per barrel.

Recall that in early January the price of Brent crude oil, according to trading, for the first time since December 2014, has exceeded $ 70 per barrel.

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