WASHINGTON, January 26. /TASS/. Crude oil prices will grow by more than 20% in this year, according to the forecast presented in the January report of the International Monetary Fund (IMF) on global economic development prospects.
Oil prices are expected to grow by more than 20% against the lower base level of 2020 but still be much lower than the 2019-year level, IMF says.
Prices for other commodities are also expected to increase, with the strongest growth anticipated in 2021 for metals prices, IMF experts say.