Russia promised a new petrodollar rain

13 April 2018, 23:18 | Economy
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In the near future, oil prices will rise to $ 100 per barrel amid the worsening situation in the Middle East. This oil and gas analysts told CNBC. The founder of the analytical company Akap Energy Anish Kapadia said that if six months ago he predicted a price increase of up to $ 60- $ 70 per barrel, now we are talking about three-digit prices for a black gold barrel. This opinion is shared by other specialists. Helima Croft of RBC believes the price of $ 80 per barrel of "realistic". It seems that the era of low prices for black gold is coming to an end. Over the past week, the price of Brent crude oil rose by 7.

8% and reached $ 73 per barrel - for the first time since December 2014. The rise in oil prices softened the collapse of the ruble, which happened because of the new anti-Russian sanctions introduced by the US Finance Ministry a week ago. The conflict in the Middle East led to a sharp increase in the risk of disrupting supplies of crude oil, reducing supply and, consequently, increasing the cost of fossil fuels. It is worth noting that the last time the price of black gold was three-digit in 2014.




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