The world oil market is dominated by fears of a shortage of black gold. A barrel of brent oil climbed to $ 86 on Tuesday. Texas WTI oil is only two dollars cheaper. Another psychological goal is in sight.
However, oil could cost a hundred dollars a barrel in the near future. This is according to the estimate of analysts of the investment company BlackRock. The investment bank Goldman Sachs then guesses that a barrel of brent oil could be sold for $90 at the turn of this year and next. “The fact that the market remains very tense could continue to push oil prices higher,” Commerzbank analyst Carsten Fritsch told Reuters.
Although energy demand in China has cooled slightly, it remains high in other parts of the world. In addition, demand is likely to increase as winter begins in the northern hemisphere. Oil is already attacking its three-year highs and it is not ruled out that it could rise above the levels experienced by the world between 2011 and 2014. That is, after the financial crisis that gripped the world after the fall of Lehman Brothers. At that time, oil also fell sharply at first, rising to over $100 a barrel over the next three years.
