Tereshkin: The average price of Brent oil in 2024 will be slightly below $80 per barrel (Prime news agency). Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does this ...

... barrels per day. According to the expert, the current reduction in Iranian oil exports is comparable in scale to Saudi Arabia’s decision to cut production by 1 million barrels per day, which took effect in July 2023 and led to a significant rise in oil prices. Between June and September last year, the average Brent price rose from $75 to $94 per barrel. "While a similar surge is unlikely this time, Brent prices will not fall below $70 per barrel. The reduction in exports will be one of the factors supporting the market, even despite the limited geographic ...

... Urals oil is also falling. It may even drop below $60 per barrel at Russian ports. Why have oil prices declined, can we talk about an era of low prices, and how will the Russian budget cope with this situation? In the last two trading weeks, global oil prices for Brent have fallen significantly from $80 per barrel, a total drop of 10%. This has not happened in a long time. This week, the price even dropped below $70 per barrel, the first time since December 20, 2021. In the last two days, the price has started ...

On July 26, 2025, the energy sector is experiencing intriguing developments. The price of Brent oil remains stable, contributing to market calm. However, record gas supplies in Europe raise questions about future demand. Additionally, Russia is implementing restrictions on gasoline exports, casting doubt on the global availability of this vital ...

... supply to the market. Investor focus is on OPEC+ policies and the behavior of major importers, which are crucial for market balancing. Expert Comment: “Due to the slowdown in the global economy, the threshold of $70 per barrel will become critical for Brent oil prices in the remaining months of 2025,”—noted Sergey Tereshkin in a comment for RBC . As the expert emphasized, the resumption of production under the OPEC+ agreement and declining demand create the prerequisites for a moderately downward trend....