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© Reuters. Oil prices expected to rise to $ 100 a barrel
Arabictrader.com – Amrita Sen, senior oil analyst at research firm Energy Aspects, predicted in press releases that prices would rise to $ 100 a barrel next year, despite heavy pressure from oil prices due to the outbreak of the new Corona virus.
The oil expert indicated that the rise in oil prices could continue strongly due to the continuation of the easing policies by the main countries in order to support the economic recovery from the repercussions of the epidemic of the new Corona virus, in a way that supports the recovery in demand and high prices.
It is worth noting that the International Monetary Fund predicted in its previous report that the average price of crude oil would register around $ 51.1 in the current year, while the average price of Brent is expected to drop to 50, 2 dollars a barrel over the next year.
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