Oil Prices Forecast
By the fall of this year we can expect the dollar strengthening and corresponding decrease in crude prices.
By the fall of this year we can expect the dollar strengthening and corresponding decrease in crude prices.
Spot prices have a tendency to “catch up” with future price expectations of players with next few months delivery, so we cannot exclude the decrease in Brent crude oil spot prices in April and May of the current year.
For the next 2-3 months (March, April and May) the dynamics of Brent crude oil price quatations will decrease.
The dynamics and direction of oil quotations can be affected by numerous factors and fundamental supply indices, demand or changes in commercial oil stocks in the USA do not play the same significant role.