World Bank forecast of oil prices in 2025

According to the report of the International Economy reporter of Fars News Agency, quoted by Tass, the World Bank predicted in a report that the price of oil will be 80 dollars per barrel for this year and 82 dollars per barrel for the next year and increase to 84.4 dollars per barrel in 2025. will find

The World Bank, which publishes a report on the global economic outlook every 6 months, in its latest report stated that the average oil price for this year will be $80 per barrel, which is $8 less than the bank’s previous forecast in January. .

This report also predicts the price of oil for the next year at 82 dollars per barrel and the reason for this is the relative increase in demand.

On the other hand, this report adds that the price of natural gas and coal will be adjusted in some way for this year and we will see their prices decrease for the next year.

The World Bank has reported that despite all the measures taken by the European Union to improve its energy situation, gas prices in Europe will still be much higher than the five-year average before the outbreak of Corona.

The World Bank’s research also shows that if the global demand for energy carriers is lower than expected, we will see a decrease in the price of energy carriers, and in this way, the economic situation in China will play a decisive role; Because more than half of the increase in oil demand for this year is expected to come from this country.

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