By the end of 2022, the price of oil will be preserved at the level close to the current. The main reasons to prevent the growth of quotations, according to the analysts respondents, will serve an excess supply in the global market and decline in demand because of new locomotives in different countries.
The minimum value voiced by the interlocutor “Renta.ru”, – 65-75 dollars per barrel, the maximum – 70-80 dollars per barrel. Average value – 70.72 dollars per barrel.
“What will affect quotes? In the first half of the year, the market is likely to be under pressure due to the decisions of the largest countries to use oil from strategic reserves and seasonal decline in demand. In the second half of the year, demand is seasonally stronger, and the role will also play a role and The need to fill the volumes previously set on the market from strategic reserves, “said Sber CIB Investment Research analysts.
According to the analyst “Sberbank Management of Asset Management” Vladimir Dmitruk, oil demand in 2022 hardly exceeds the indicators of the dock 2019. Promsvyazbank Denis Popov’s chief analyst expects “restrained downward dynamics” of oil quotations due to the upcoming folding of stimulating programs in the United States, reducing the growth rate of the global economy and the sale of oil from strategic reserves of several countries at once.
Investment strategist “BCS World of Investments” Alexander Bakhtin noted that the balance in the world oil market will return to the surplus, and the additional pressure on quotes can have strengthening the dollar.
A year ago, analysts predicted $ 52.2 per barrel Brent by the end of the 2021th. In fact, the price was 79.1 dollars.