Bookmark and share the address of UKRAINE ENGLISH NEWS on your social bookmarking website
Most users ever online was 229 on Sat Aug 08, 2015 11:03 pm
According to the forecast, the fall will occur within 3-6 months. Then, within a year the price could rise again.
"In the long term of 3-6 months, the cost of a barrel of oil could fall to the price of 30 dollars. A major disruptive factor in this process will be the stabilization of the Middle East, the output of new players in the market. That would entail a further increase in the supply by some countries, which seek to capture a niche market, "- said the expert.
"But, at the same time, probably in the next twelve months, the oil market will stabilize at around 50-60 dollars per barrel", - says McConnell.
At the same time, according to expert estimates, world prices for "black gold" may continue to decline, as a glut in the market will continue until the end of 2015.
glavcom.ua In Russian