The world Bank predicts an increase in the average annual price of oil

The energy market is gradually stabiliziruemost.

27.Apr.16 8:35 AM
By Johnatan Toadlicker
Photo Toinnov.com

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The world Bank predicts an increase in the average annual price of oil

The world Bank changed the forecast for average annual oil price: analysts believe that it will be $41 instead of the previously predicted $37. This is due to the fact that the excess supply on the market of black gold is now on the decline.

"Against the background of improved market sentiment and a weaker dollar, the world Bank raises its forecast for oil prices in 2016 to $41 from $37 per barrel. In the future excess supply in the markets, as expected, will go on recession", - is spoken in the message of the world Bank.

Analysts say the rebalancing of the market will lead to the rise in energy prices.

Note, in recent weeks, the ruble strengthened, traditionally following the oil.

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