Oil price skyrocketed

In the course of trading on Thursday, February 4, the price of Brent crude soared above $ 67 per barrel. This is evidenced by the data of the ICE exchange. The price climbed to $ 67.03. WTI crude was trading at $ 64.08 a barrel.

This happened against the background of the decision of the participants in the OPEC + deal, they did not increase the supply of oil, leaving it at the current level, Interfax points out. Saudi Arabia will also keep oil production unchanged in April.

Earlier, the Energy Information Administration of the US Department of Energy (EIA) presented an annual forecast for oil prices for the foreseeable future. The department admitted that by 2050 the price of Brent will increase to $ 173 per barrel, although the pessimistic forecast is about $ 48. OPEC believes that this year demand will slow down by 100 thousand barrels per day and fall to 5.8 million barrels.

/Media reports.