Since the beginning of the year, oil prices have grown by over 20%, reaching the highs of the last 13 months. Analysts from the Bank of America and Socar Trading SA are sure that in the nearest future, oil price will reach 100 USD per barrel.
Oil prices have reached their record of the last 13 months. The main reasons sticking to OPEC+ agreements on production, a decrease in the world storage, the stimulation of the US economy, global vaccination, and, finally, record colds in the USA.
Will the representatives of the OPEC + countries be able to agree?