Fitch Ratings has raised its oil prices forecast for the near future.
According to the agency's December report, the average price of Brent crude oil in 2021 was $71 against $63 in September and will be $70 against $55 in 2022, and $60 against $53 in 2023.
The average oil price, which was $43.3 last year, was $55.8 in 2016-2020.