Rystad expects big surge in oil price by 2020

The oil price will increase steadily toward 2020, projects analyst firm Rystad Energy. After this, the oil price will slide, and this will happen years earlier than the firm previously expected.

Photo: ritzau/Vahid Salemi/AP

The oil prices, currently affected by the sanctions against Iran and which have gone down in recent weeks, will start to increase again.

Analyst firm Rystad Energy projects in a new report that the oil prices will increase steadily ahead of 2020.

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