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

16:24 09.12.2021 5511

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
162be912904822.jpeg
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan

Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.


16765257296f4b.jpg
President of Turkmenistan holds meeting with Petronas management

President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.


1676525dbef219.jpg
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector

Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.


1676285af82158.jpg
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership

On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.


162be9de2a23f2.jpeg
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation

On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.