In 2022, the average price for Brent oil is expected to be $75.5, $20.5 or 37.3% more than the previous year's forecast for 2022, Report informs with reference to Deloitte.
In 2021, the average price of Brent was $70.4.
According to Deloitte, the average price of Brent is projected to be $66 in 2023, and $61 in 2024.
According to the International Monetary Fund (IMF), the average price of Brent oil in 2022 is expected to be $65.9. The fund estimates that the average price of Brent in 2023 will be $63, but in 2024 it will drop to $61.
Today the price of Brent oil on the world market is $108.07.