Oil prices could rise sharply in the second half of the year

According to an IHS analytical report, the price of a barrel of Brent oil could rise to $ 135 in the second half of 2022 if supply in world markets is low.

Goldman Sachs believes the risk of rising oil and oil product prices is "very high right now." This was announced by Jeffrey Curry, head of global commodities research at Goldman Sachs.

Analysts predict higher oil prices this year amid tightening sanctions against Russia, difficulties in concluding a nuclear deal with Iran, and a reduction in the free production capacity of OPEC members and its allies.

According to an IHS analytical report, the price of a barrel of Brent oil could rise to $ 135 in the second half of 2022 if supply in world markets is low. Prices are also expected to rise to $ 136.3 a barrel in the third quarter of this year. Overall, they forecast that oil prices will remain at $ 135 a barrel in the second half of the year, averaging $ 122 a year.