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Analysts predicted low oil prices for the world in 2021. According to experts at Fitch, a barrel of Brent will cost $ 45 next year, writes CNBC.
According to Dmitry Marinchenko, senior director of the Fitch group of natural resources, the agency starts from the fact that oil demand in the first half of next year will continue to be weak, because the mass vaccination of the population of different countries against the coronavirus will lead weather. Therefore, commodity price forecasts are more cautious than other analysts, he said.
In comparison, Refinitiv experts are more optimistic about prices in 2021. They predict that Brent will cost around $ 49.35 a barrel next year. Goldman Sachs believes that the price of a barrel of Brent will be $ 55, writes Reuters.
Earlier, Bloomberg reported the end of the oil age. He noted that British oil giant BP made a similar forecast in September, and then similar assessments began to sound everywhere. Even OPEC agreed that the era of hydrocarbons is coming to an end. However, there are still a couple of decades left before its final completion.
