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The bank is expected to energy prices will rise nearly 25% in 2017
Source:China's fertilizer network   Time:2016-10-24   Read:503second  

   In 2017, the world bank said in a news release, as the demand, supply, reduce most of the raw material prices will rebound, expected, including oil, natural gas, coal, energy prices will rise by almost 25%. The bank will be 2017 oil price from $53 a barrel to $55 a barrel, maintain 2016 oil price forecast to $43 a barrel; Will 2017 metal prices are expected to rise from 3.6% to 3.6%, zinc prices will be closed by some big zinc, decrease production and rose 20%, gold will, safe assets for higher interest rates expected demand fell and fell to $1219 an ounce.

  World bank senior economist John buffy, said energy prices, including oil, in 2017 is expected to strong gains, but its prospect is very big uncertainty, Opec frozen production agreement and the details of the implementation will undoubtedly affect the oil market.

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