Crude Oil Price Forecast
- Oil price forecasts depend on the interaction between supply and demand for oil on international markets.
- EIA: Brent crude oil prices will average $33.04 per barrel in 2020 and $45.62 per barrel in 2021.
- IMF: Brent oil prices will plunge to $36.9 per barrel in 2020 and rebound to $39.5 in 2021.
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