Fitch has raised its forecast for oil prices for the coming years
21:24 09.12.2021 4563
The international rating agency Fitch Ratings has raised its forecasts for oil prices for the near future, follows from the December report of the Global Economic Outlook (GEO), Interfax reports.
Analysts expect Brent crude at the end of 2021 to average $71 per barrel against the expected $63 per barrel in September.
The estimate for the next year was raised to $70 per barrel from $55, for 2023 – to $60 from $53 per barrel.
The average price level for 2020 was $43.3 per barrel, for 2016-2020 - $55.8 per barrel.
The results of work of the fuel and energy complex in the first quarter were discussed at the government meeting
Last Friday, President Serdar Berdimuhamedov held a meeting of the Cabinet of Ministers, during which the results of the development of sectors of the national economy for the first quarter of this year were summed up. In particular, the results of the work of oil and gas enterprises, which were reported by Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, were discussed.
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Delegates of the International Scientific Conference TESC-2024 discussed the prospects for interaction in the field of ecology and sustainable development
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Ashyrguly Begliev appointed Advisor to the President of Turkmenistan on oil and gas issues
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The results of the work done in the first quarter demonstrate the consistent development of our state in accordance with the adopted programs; since the beginning of the year, GDP growth has been steadily at the level of 6.2%. The President of Turkmenistan Serdar Berdimuhamedov said this at a government meeting last Friday, at which the results of the country's socio-economic development in January-March 2022 were summed up.