The reason of falling of cost of oil to 20-25 dollars per barrel may be the rapid strengthening of the American currency, experts say Morgan Stanley.
MOSCOW, 11 Jan. Due to the rapid strengthening of the dollar, the price of a barrel of Brent oil could fall to 20-25 dollars, reports Bloomberg, citing data from Morgan Stanley.
According to experts, the increase of dollar rate by 5% will lead to lower oil prices by 10-25%. The survey
What will happen to oil prices in 2016?
- Will collapse to $ 20 per barrel
- Will remain at around 30-35 dollars
- Edge up to 45-50 dollars
- Soar to 90-100 dollars
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