Iosub: 50$ a barrel is a realistic price
The forecast of the Ministry of Economy matches the forecasts of international financial organizations now, the analyst said.
The Belarusian Ministry of Economy has changed its crude oil Brent price forecast from $57 to $50 a barrel which has made it closer to the actual oil market. Senior analyst of Alpari Vadzim Iosub told Euroradio:
Iosub: "This forecast matches the forecasts of international and Russian financial organizations now. The price of about $50 seems realistic to me: the crude oil Brent price will be between $45 and $55 – about $50 a barrel.”
Oil costs less than 45 dollars now but this is a temporary thing and the price may go up soon, the financial analyst noted.