US, WASHINGTON (ORDO NEWS) — Jarand Rystad, one of the leading oil analysts in the world, in an interview with the Norwegian business publication Dagens Næringsliv predicted a drop in oil prices to $ 10 per barrel.
On Wednesday, March 19, oil from the North Sea already fell by 14% and cost $ 24.76. This is the lowest price since 2003. According to Ristad, the decline will continue, and soon a barrel of oil will cost from 10 to 15 dollars.
Ristad compared the current situation with 1986, when the financial and oil crises erupted and in addition there was a disaster in Chernobyl.
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