Fitch has raised its forecast for oil prices for the coming years

16:24 09.12.2021 5296

https://www.oilgas.gov.tm/storage/posts/3506/original-161b1acd37d1b8.jpeg

 The international rating agency Fitch Ratings has raised its forecasts for oil prices for the near future, follows from the December report of the Global Economic Outlook (GEO), Interfax reports.

 Analysts expect Brent crude at the end of 2021 to average $71 per barrel against the expected $63 per barrel in September.

 The estimate for the next year was raised to $70 per barrel from $55, for 2023 – to $60 from $53 per barrel.

 The average price level for 2020 was $43.3 per barrel, for 2016-2020 - $55.8 per barrel.

Other articles
1616683ad6c4fd.jpeg
The head of «ARETI» presented to the President of Turkmenistan new proposals for the development of offshore fields

New proposals for the development of oil and gas fields in the Turkmen sector of the Caspian Sea were presented yesterday at a meeting with President Gurbanguly Berdimuhamedov by the head of the ARETI International Group of Companies Igor Makarov.


16167d6d578d8f.jpeg
Kenar enterprise of TCOR shipped 3 million tons of oil products

The Kenar enterprise for the storage and shipment of petroleum products from the Turkmenbashi complex of oil refineries has shipped 3 million tons of various petroleum products to consumers over the past period of 2021.


16167c6147aafd.jpeg
OPEC Secretary General will speak on October 27 at the International Conference «Oil and Gas of Turkmenistan»

Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo will speak online at the XXVI International Conference «Oil and Gas of Turkmenistan», which will be held in a hybrid format on October 27-28 in Ashgabat.


16166863e97189.jpeg
The Foreign Ministers of Turkmenistan and India discussed the priorities of cooperation, including on the TAPI project

Opportunities for further strengthening mutually beneficial Turkmen-Indian cooperation were discussed during the talks between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and his Indian counterpart Subrahmaniyam Jaishankar, held within the framework of the 6th meeting of foreign ministers of the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Nur-Sultan.


167f4c61247618.jpg
The President of Turkmenistan took part in a mass bike ride on the occasion of World Health Day

World Health Day was widely celebrated in Turkmenistan on April 7. President Serdar Berdimuhamedov took part in the bike ride dedicated to the holiday.