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The price of oil comfortably settled at a level of more than $ 70 per barrel

April 14, 2018 | 20:56 |214
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Oil quotes on world stock exchanges rushed up. So, the cost of Brent crude oil on Friday's trading rose to 72.57 dollars per barrel, and the price of WTI oil - to 67.33 dollars per barrel. This forecast was not foreseen even in the most optimistic scenarios. According to analysts of the oil market, the price increase for "black gold" contributed to the tension in the Middle East. This reason may lead to the fact that on Monday, oil prices can still significantly grow. At the same time, oil and gas analysts polled by CNBC believe that the day is near when oil quotations will reach $ 100 per barrel. So, the founder of the analytical company Akap Energy Anish Kapadia said that six months ago he forecasted a price increase of up to 60-70 dollars per barrel. According to him, oil traders then "laughed" at this, but now it has become a reality. Analysts of the oil company PVM Oil Associates adhere to a similar position. There are other opinions among oil experts. So a number of analysts believe that the reaction of OPEC + and the world community as a whole to a strong rise in oil prices will be negative. Since at one time, it was the high cost of "black gold" that provoked the crisis phenomena in the world economy. Experts who adhere to this point of view believe that the cost of oil should be not high, but fair, that is, satisfying all market participants - sellers and buyers.

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