/ world today news/ The American Energy Information Administration (EIA) believes that it is possible for oil prices to fall to the level of 50 dollars per barrel.
The forecast is from the head of the EIA, Adam Seminski, quoted by the Bloomberg agency. “It is possible that oil prices will fall to $50 a barrel,” he said. According to Seminski, if the price of crude oil falls to $60 per barrel, US shale oil production could be suspended. According to most analysts, the most likely price for WTI oil in 2015 will be around $62 per barrel.
As of 16.20 Bulgarian Vr. on November 18, futures prices for December WTI crude oil fell 0.9% to $74.96 per barrel. For January, futures prices for Brent oil fell by 0.9% – to 78.57 dollars per barrel.
Since June this year, oil prices have fallen by about 30 percent.
Washington / USA
#Oil #crash
