BAKU, Azerbaijan, February 5. The average price
per barrel of oil over the next two years will be $60, the Research
Director for the Middle East and North Africa (MENA) region at
Rystad Energy, Aditya Saraswat, said, Trend reports.
"This year, oil prices are $60 per barrel, and the forecast for
next year is the same - $60 per barrel. These are fundamental
indicators based on the current balance of supply and demand. Of
course, geopolitical shocks or changes in OPEC policy could affect
the market, but overall, the combination of fundamental factors
with current supply and demand gives us these figures," he
said.
According to Saraswat, there are slight fluctuations in spot
prices: geopolitical events do not keep premiums high for long.
“For example, when the situation in Iran escalates, prices rise
temporarily, but then fall again. That is, if events do not
directly affect supply chains and demand, prices remain relatively
stable,” he noted.
