Analysts at Evercore raised the forecast for Brent crude oil prices for 2018 and 2019

Analysts at Evercore raised the forecast for the average Brent oil price in 2018 from $65 to $70 per barrel, in 2019 - from $70 to $75 per barrel. They believe that fuel reserves will decline, despite the increase in production by the OPEC + countries. World demand this year could grow by 1 million 560 thousand barrels per day, next year – by 1 million 370 thousand. According to analysts, world oil supplies will increase by 1 million 570 thousand barrels per day in 2018. It is expected that oil production in the US will grow by 1.5 million barrels per day this year, and next year its growth rate will slow down to 1 million 200 thousand barrels per day.

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