The price of oil will grow up to $ 90 per barrel due to the increase in demand and reduce supply. Reports about it Reuters.
Analysts from Goldman Sachs predicted oil serious growth, increasing its price forecast from 80 to $ 90 per barrel at the end of 2021.
Against the background of economic recovery, demand increases, and the proposal falls: because of the hurricanes “Ida” and “Nicholas”, which rolled through the Gulf of Mexico in the United States, most of the oil production was stopped for several weeks.
Organization of exporting countries and OPECs + decided to adhere to a decision on a phased increase in fossil fuel production. In addition, gas deficit will lead to an increase in electricity generation operating on liquid fuel, which will also increase the demand for oil.
As of September 27, the price of oil Brent jumped to $ 79.22 per barrel and turned out to be maximum since 2018, and the WTI oil in the United States was $ 75 per barrel.