Changes in oil prices are temporary, and strategically the prices for "black gold" will continue to decline, said the Ukrainian expert, the head of the Committee of Economists of Ukraine, Andrei Novak. "The growth in world oil prices is due to the events around Iran, one of the largest oil producers in the world," he said.. According to Novak, it was the attempt of revolution in the second-largest oil-producing country that became the factor that affected the fluctuation of world prices:

the threat of a change of power in Iran causes fears for market participants in the stability of supplies. But this event is temporary, the expert believes.. The second factor that influences the world markets, Andrey Novak, considers an increase in US shale gas production, which will also affect prices. Earlier it was reported that prices for "black gold" rose during the week by 5%, reaching more than a three-year high.

Original article: Experts predict a decline in oil prices.