The oil price will not rise higher than 60 dollars within several next years.
Today, the oil price is fluctuating within the range of 52-52.5 dollars.
The oil price will not rise higher the 60 dollars per barrel until 2021, according to IMF Report.
In 2016, the average barrel price will be 43 dollars, in 2017, it will rise up to 51 dollars, but the further rise is limited.
In the meantime, it is emphasized in the report that the global risks, associated with possible disruption of oil supplies, as well as enhancement of efficiency of extraction of slate oil in the USA, can lead to significant rise of oil quotes as well as their decline.
During the today’s auction, the Brent crude oil price fluctuates within the range of 52-52.5 dollars per barrel.
Previously, Saudi Arabia stated that oil prices will reach 60 dollars per barrel by the end of 2016.
It should be noted that Goldman Sachs analysts will forecast that next year the oil prices will rise by 10 dollars due to OPEC agreement.