He Price May Rise To Usd136 3 Per Barrel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MOSCOW - Brent oil prices may rise to USD135 per barrel in the second half of the year amid insufficient supply on the world market, the IHS Markit consulting agency (part of S&P Global) forecasts in its analytical report, which was available to TASS. Currently, Brent oil price is USD110 per barrel. However, already in the third quarter of 2022, the price may rise to USD136.3 per barrel, IHS experts said. In the second half of the year, the price of oil will stay at USD135 per barrel and on average for the year it will be USD122 per barrel, IHS added. According to agency experts, high prices are caused by the lack of oil supply. The experts cited the decline in oil production in Russia due to sanctions, low probability of reaching an agreement on the Iranian nuclear deal, which will not allow Iranian oil to be brought to the market, as well as the reduction in free production capacity in OPEC+ countries as the factors affecting the global oil production. According to IHS, as of the ....

Saudi Arabia , Moscow Brent Oil Prices May Rise To Usd135 Per Barrel In The Second Half Of Year Amid Insufficient Supply On World Market , He Ihs Markit Consulting Agency Part Ofs Ampp Global Forecasts In Its Analytical Report , Hich Was Available To Tass Currently , Rent Oil Price Is Usd110 Per Barrel However , Lready In The Third Quarter Of 2022 , He Price May Rise To Usd136 3 Per Barrel , Hs Experts Said In The Second Half Of Year , He Price Of Oil Will Stay At Usd135 Per Barrel And On Average For The Year It Be Usd122 , Hs Added According To Agency Experts , Igh Prices Are Caused By The Lack Of Oil Supply Experts Cited Decline In Production Russia Due To Sanctions , Ow Probability Of Reaching An Agreement On The Iranian Nuclear Deal , Hich Will Not Allow Iranian Oil To Be Brought The Market , S Well As The Reduction In Free Production Capacity Opec Countries Factors Affecting Global Oil According To Ihs , S Of The Second Quarter 2022 , He Amount Of Free Production Capacity In Opec Countries Is Estimated At 2 7 Million Barrels Per Day However , By The End Of Year , He Agency Expects The Figure To Fall 1 8 Million Barrels Per Day And Only Saudi Arabia Uae Will Retain Opportunity Increase Oil Production Ihs Experts Also Draw Attention Transformation Of Global Market For Example , Oil From Russia , Ran And Venezuela Is Now Sold Cheaper Than Raw Materials From Other Countries Since There Are Fewer Buyers For This Oil Due To Its Place Of Origin , He Agency Notes According To Ihs , His Isa Sign Of Quot Fragmentation The Oil Market Global That We Knew No Longer Exists , Uot Experts Said Tass ,