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Oil prices to gain over 20% in this year, says IMF

27 January 2021 07:46
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Oil prices to gain over 20% in this year, says IMF

WASHINGTON. KAZINFORM Crude oil prices will grow by more than 20% in this year, according to the forecast presented in the January report of the International Monetary Fund (IMF) on global economic development prospects.

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Oil prices are expected to grow by more than 20% against the lower base level of 2020 but still be much lower than the 2019-year level, IMF says, TASS reports.



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