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Oil: The record rise in oil prices is likely to be heavy in Tunisia

20/01/2022
Categories: Raw materials

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In a recent declaration, the economist, Fathi Nouri estimated that if the barrel of oil reaches 90 dollars for the next 3 or 4 months, the energy bill will be heavy in Tunisia.

The price of a barrel of oil reached 85.74 dollars on Tuesday, its highest level since October 2014. The surge in oil prices is due to certain geopolitical factors and production interruptions, estimates expert Fathi Nouri. Referring to the impact of this situation on the state budget and on fuel prices in Tunisia, he indicated that this surge in prices on the world market will lead to an increase in subsidies, which (subsidies) will further deplete the budget. of State.

With regard to the forecasts which count on a price which could reach 100 dollars, in 2022, he considered that they remain hypotheses, especially since the United States recently decided to withdraw 50 million barrels of oil per day from its strategic stock, including 18 million barrels of urgent sales and 30 million non-urgent. This will help curb the upward curve in oil prices.

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