Yushkov stressed that OPEC + continues to increase oil production, but these volumes are not enough, as the demand for energy resources in the world is recovering faster.
“Therefore, I think that nothing significant will happen next week (with oil prices. -
RT
).
And, probably, the trends that we have already seen - a gradual rise in oil prices - they will continue.
In the near future, we will see that the price fluctuates around $90 per barrel and is gradually strengthening in this indicator,” the expert explained.
At the same time, according to the analyst, by the beginning of spring, the US Federal Reserve System (FRS) may raise the interest rate, which, in turn, will affect the price of oil futures.
“Loans will be issued at a higher interest rate, and this loan money usually ends up on the stock markets, where they buy the same futures.
It turns out that if fewer dollars are available to speculators, then there is less demand for futures, and it gets cheaper, but this is more likely to happen closer to March, ”concluded the interlocutor of RT.
Earlier it became known that world oil prices are falling during trading on Friday, February 11.
It is noted that March futures for WTI oil fell by 0.28%, amounting to $89.65 per barrel.
The cost of Brent crude for April delivery fell 0.42% to $91.03 per barrel.