EC raises its forecast for Brent oil price in 2024

13:30 | 15.05.2023
EC raises its forecast for Brent oil price in 2024

EC raises its forecast for Brent oil price in 2024

The European Commission (EC) in the new economic forecast raised the estimate of the Brent crude oil price for 2023 to $76.3 per barrel from $63.9 in the previous forecast.

In 2024, the EC expects the price of Brent crude at $72.1 per barrel instead of $61.6 per barrel expected last fall.

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