Oil prices predicted a sharp rise

Izvestia: analysts predict an increase in oil prices over $ 80 per barrel 76-77 dollars per barrel, and after the meeting of the Organization of Petroleum Producing Countries (OPEC +) – to overcome the mark of 80 dollars per barrel. This forecast was given by analysts interviewed by Izvestia.

Financial communications expert Andrei Loboda noted that on Monday, November 29, oil prices began to rise again after a sharp collapse of more than 11 percent last week. Before the announcement of the emergence of a new strain of coronavirus omicron and the introduction of new restrictions in a number of countries on November 25, a barrel of Brent cost $ 82, and a day later – $ 72.8.

Finam analyst Andrey Maslov recalled that in Late this summer, investors reacted similarly to reports of the Indian delta strain. Then quotations fell by eight percent in three days, but after only a week they completely won back.

According to Natalia Milchakova, deputy head of the Alpari information and analytical center The meeting, scheduled for December 2, will amend the terms of the deal and suspend the increase in production, in the near future the price of a barrel of oil may rise to $ 76-77.

Loboda is sure that if the cartel makes such a decision, then quotes will strengthen and exceed the $ 80 level. However, the analyst emphasizes, such moderately positive forecasts can be realized only in the absence of an exacerbation of the spread of a new strain of coronavirus.

Earlier, CNBC reported that the European market had recovered from a new strain of coronavirus. In particular, on November 29, the price of black gold increased by 5 percent, to $ 75.6 per barrel.