Oil prices will fall after the Iran sanctions lifting
Kiev/ Ukraine in Arabic/ Oil prices can fall to $ 10 per barrel immediately after the lifting of sanctions imposed on Iran. This forecast makes the world Bank.
According to representatives of Bank, the biggest change will occur in connection with the return of Iran on the commodity market. According to the forecast, oil production will increase by 1 million barrels per day, which will affect the price per barrel in 2016.
The influx of new raw materials collapsed the price of 14%, according to the world Bank.
14 July in Vienna-six world powers (the US, Germany, France, Britain, China and Russia) and Iran reached an agreement to resolve the Iranian nuclear programme.
According to the document, Iran stops uranium enrichment in exchange for lifting international sanctions.
July 15, the price of Brent crude oil began to decline. The difference in price was about $ 9. In early August, the price of a barrel of Brent broke the $50 down for the first time since January 2015