Oil quotations reached $68 for the first time in 2.5 years

January 04, 2018 | 21:52 |306

Countries rich in oil and gas resources, can finally “take a breath” in 2018 - the price of Brent crude oil reached $68 per barrel. The price of “black gold” has been going to this rate for long two and a half years, beginning in 2015. A number of analysts of the hydrocarbon market suggest that the gradual growth of oil quotations has become a stable trend, and the price of oil will tend to around $70 per barrel in 2018. However, most experts are still cautious, believing that oil prices will be in the range of 50-70 dollars per barrel, but at the same time emphasize that the shock drop in the value of “black gold” in 2014-2015 is overcome.