Barclays Bank revises its forecast for the average oil price in this year upwards, based on the results OPEC + production cuts. New projected numbers for varieties Brent and WTI are $ 2 higher than the previous ones. Forecast for the next year in the bank decided to keep the same level. According to experts, at the end of this year, the average cost Brent will be $ 43, WTI - $ 39. Next year at Barclays expect to reach the $ 50 mark - Brent will cost $ 53 on average, WTI - $ 50. The bank's optimistic view is based on the fact that OPEC + production cuts are limiting supply, in therefore, a possible decrease in demand will have a modest effect on prices. At the moment, the demand for oil in annual terms shows a drop of 8%, despite the fact that it recovered from the spring crisis. Oversupply this year is about 2.4 mln b / d and will be balanced only next year, according to bank.