HomeMediaLatest NewsOil in the darkness. Five reasons for the price drop

Oil in the darkness. Five reasons for the price drop

04 September 2024

Belogoryev Alexey M. Research and Development Director, Director of the Center for Energy strategic analysis and forecasting

Alexey Belogoryev, Research and Development Director of the Institute for Energy and Finance, commented to Finam.ru on the short-term dynamics of world oil prices.

Alexey Belogoryev believes that it is too early to talk about a steady trend towards lower prices. In his opinion, they are likely to remain in the corridor of 75-85 dollars per barrel with a gradual slide towards its lower limit by the end of the year.

“For Russian companies, given the decrease in discounts on Russian varieties, this is an acceptable range that ensures stable financial performance,” the source stressed Finam.ru.

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