Tag: expects
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Novak expects oil prices to exceed $80 per barrel and talks about the OPEC+ meeting
Russian Deputy Prime Minister Alexander Novak expected oil prices to exceed $80 a barrel by the end of this year (2023). He said that the current Brent crude prices, which range between 75 and 76 dollars per barrel, reflect the market’s assessment of the global macroeconomic situation, according to the data reviewed by the specialized…
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A report expects oil prices to rise to $105.. When will this happen?
Oil prices witnessed another decline over the past weeks, as they are currently trading below $75 per barrel. This came in the wake of the recent rise that pushed Brent crude prices above $85 a barrel, following the sudden voluntary production cuts announced by members of the OPEC+ alliance in early April 2023, which will…