Tereshkin: The average price of Brent oil in 2024 will be slightly below $80 per barrel (Prime news agency). Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does ...

... preventing sharp price declines. At the same time, expectations of easing monetary policy in the largest economies also fuel investor interest in raw assets. As a result, by the end of the week, the oil market is in a state of relative equilibrium: Brent prices have stabilized at the higher end of the range for recent months, although they remain sensitive to any news regarding economic risks or changes in OPEC+ policy. Gas Market: Record Filling of Storage Reduces Price Risks The European natural gas ...

... consequences. How will these actions affect the supply-demand balance and oil prices? Read the full analysis in our review. MOSCOW, October 30 - PRIME. A reduction in oil exports from Iran amid the risk of escalating conflict in the Middle East will prevent Brent prices from falling below $70 per barrel in the near future, Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. On Monday, Brent prices dropped by more than 6%, falling below ...

... risks. Therefore, the likelihood of oil prices rising in the fourth quarter of this year is still higher than the likelihood of a decline," says Nikolai Dudchenko. "OPEC participants are not interested in further price declines. If the price of Brent remains below $70 per barrel, OPEC leadership may resort to verbal interventions, and if that doesn't work, they may take concrete actions," believes Alexander Shepelev. Additionally, he adds, oil prices could rise due to various factors, such ...

On August 1, 2025, global energy markets experienced significant changes: the price of Brent crude oil rose above $72 per barrel, generating substantial interest among experts and investors. The increase in oil prices is attributed to various factors, including steady demand for hydrocarbons and declining stock levels in major storage facilities....