Fitch forecast: Oil price to decline by $10 

11:43 - 19.12.2024


December 19, Fineko/abc.az. Fitch expects the oil price to decrease from an average of $80 in 2024 to $70 a barrel in 2025.

ABC.AZ informs that the rating agency has published its forecast on oil prices in 2025.

Fitch notes that, according to its expectations, the price of oil will fall from an average of $80 per barrel in 2024 to $70 per barrel in 2025.
"We expect global oil demand to grow in 2025 in parallel with 2024, but more slowly than in 2022-2023," Fitch’s statement says.