European Commission predicts 2023 price of Brent to be $84.8 per barrel
13.02.2023 15:30
The average exchange price for North Sea Brent oil will be $84.8 per barrel this year, reported from the updated forecast of the European Commission (EC).
The previous analysis assumed an average price of $85.
"The European Union expects the average price of Brent oil will be $84.8 per barrel this year. In 2024, the price of Brent will be $79.9 per barrel," the forecast says.
At the same time, the estimate states that the anti-Russian commodity sanctions imposed by Western countries, including embargoes and price caps for Russian oil, did not lead to increased tension in the global energy market.
www.anews.az
The previous analysis assumed an average price of $85.
"The European Union expects the average price of Brent oil will be $84.8 per barrel this year. In 2024, the price of Brent will be $79.9 per barrel," the forecast says.
At the same time, the estimate states that the anti-Russian commodity sanctions imposed by Western countries, including embargoes and price caps for Russian oil, did not lead to increased tension in the global energy market.
www.anews.az
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