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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    What are the expectations for the price of a barrel of oil in the near future?

    Rocky
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    What are the expectations for the price of a barrel of oil in the near future? Empty What are the expectations for the price of a barrel of oil in the near future?

    Post by Rocky Fri 30 Apr 2021, 6:52 am

    What are the expectations for the price of a barrel of oil in the near future?
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    Economie


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    2021-04-30 | 04:02
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    Oil prices continue to recover during the current year, after a sharp drop in black gold prices last year due to the emerging Corona virus crisis, which greatly affected global demand.


    Oil prices have increased since the beginning of 2021 by 30%, and prices have reached the levels they were at before the outbreak of the crisis [url=https://www.alsumaria.tv/Entity/127576/%D9%81%D9%8A%D8%B1%D9%88%D8%B3 %D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7/ar/]Corona Virus[/url].

    The recovery came in light of the lifting of restrictions imposed to combat the spread of the virus, the launch of vaccination campaigns against Corona, and the recovery of the economy, and this coincided with an increase in demand for crude.







    Experts expect the price of a barrel of Brent to rise by at least another 10% by the end of this year, and this means that the price of a barrel will rise to the level of $ 74- $ 75, as a barrel is now traded at the level of $ 68.

    During the height of the Corona epidemic, oil market participants were anxious due to excess stocks, but demand is growing, and oil stocks are declining.

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