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The cost of the March futures for Brent oil reached $ 78.34 per barrel, follows from the data following the results of trading on the London ICE stock exchange.
As of 18.52 Moscow time, the price of March futures for Brent crude oil is growing by 0.71% to $ 78.34 per barrel, February futures for WTI – by 0.36%, to $ 75.48.
Recall that today OPEC +, following the meeting, lowered its forecast for a surplus in the oil market in 2022. According to experts, the baseline forecast for growth in demand this year will increase by 4.2 million bpd to 100.8 million bpd. The highest surplus is projected in March, April and November 2022.
About what will happen to the ruble, dollar and oil in 2022 – in the material “b” “Economic forecast for 2022”.
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