Baku 28° C
IMF announces predictions on average oil prices for next years
Energy
- 21 September, 2019
- 07:45
The International Monetary Fund (IMF) forecasts average oil price at $63.5 a barrels for the end of 2019, Report informs referring to the IMF.
In 2020 the oil price is forecasted to down $3.6 or 5.7% to $59.9 a barrels.
The IMF predicts that the oil price will be $58.0 a barrel in 2020, which is down $1.9 or 3.2% from previous year. For 2022-2023, the average oil price is expected to be $57.2, down $0.8 or 1.38% from 2021.
In 2024 the oil price is forecasted to go up by $0.4 or 0.7% to 57.6 a barrel.
Author
Latest News
09:57
Azeri Light crude drops to $72.46 per barrel
Energy09:51
Haber Global talks on Ursula von der Leyen's visit to Baku
Foreign policy09:41
Iraq lost over $2T to corruption since 2003, official says
Other countries09:40
UN warns of catastrophic consequences without AI regulation
ICT09:27
CBA currency exchange rates (02.07.2026)
Finance09:20
Ursula von der Leyen completes her visit to Azerbaijan
Foreign policy09:16
Euronews: EU looks to South Caucasus for solutions
Foreign policy09:08
Sachs: Middle Corridor to bring mutual benefits to Georgia, Europe and China
Region09:07