IMF raised its forecast for oil price

IMF raised its forecast for oil price
# 13 October 2020 19:01 (UTC +04:00)

The International Monetary Fund (IMF) forecasts that this year, the average price of one barrel of oil will make up $ 41,69 on the world markets, says the October issue of the World Economic Outlook (WEO) report of IMF, APA-Economics reports.

The expected average oil price for 2021 makes up $ 46,7. The Fund supposes that in the future, the price of oil futures will reach $ 48.

The aforementioned forecasts are higher than the forecasts issued by IMF in April and June ($ 36,18 for 2020, and $ 37,54 for 2021).

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