EIA: Oil prices may reach 173 dollars

EIA: Oil prices may reach 173 dollars
  • Clock-gray 14:07
  • calendar-gray 04 February 2021

According to a positive scenario of Energy Information Administration – EIA under the US Department of Energy, per barrel of Brent oil may increase and reach 173 dollars till 2050, APA-Economics reports citing the report of EIA on the development of the situation in the global energy markets till 2050.

According to the information, the price is calculated in accordance with the dollar exchange rate of 2020.

According to the experts, in accordance with the negative scenario, in the reporting period, the price of Brent oil may make up 48 dollars, and in accordance with the realistic scenario it may made up 95 dollars.

Emil Ismayilov

Other news