Last year oil prices went up a little at the world markets and reached $65.00 per barrel of North Sea Brent brand and $57.00 per barrel of the US WTI brand.
According to the US Energy Information Agency (EIA), the country’s commercial oil resources increased up to 5.3 million barrels and totaled 489 million barrels during a week, which ended on April 17, 2015.
However, the news from the Near East continues supporting the prices. The reports about attack of Yemen by Saudi Arabia, despite the announcement of completion of the military operation, have caused the oil prices to go up to their 2015 year maximum on Friday.
At the auctions cost of Brent June futures increased by 0.38% up to $65.28 per barrel.
Meanwhile, the analysts are not in a hurry to change their forecasts of oil prices, which insist on a stable growth of prices in the short and medium term.
The analysts of the US JP Morgan bank expect the average Brent price to be $59.3 per barrel in 2015 and $61.8 per barrel in 2016.
According to the EIA forecasts, average Brent price will be $59.00 per barrel in 2015 and $75.00 per barrel in 2016. EIA reported in its last report about the short-term review of the energy market, if the sanctions against Iran are lifted, the forecast of oil prices could be reduced by $5.00-15.00 per barrel.
