28
Aug
Oil prices are expected to stabilise at around $84 per barrel for the rest of the year. According to Global Economist, Emerging Markets at Fitch Solutions, John Ashbourne, this is influenced by developments in the global economy such as the Russian invasion of Ukraine. Speaking on “Emerging Market Monetary Policy, Understanding the Pivot”, John Ashbourne, said the prices of crude oil will, however, rise slightly in 2024. “Oil prices in dollars per barrel was a huge kick in 2022 with the Russian invasion of Ukraine. Since then, oil prices has gone down a bit, so oil prices will stabilise around…