Experts: Oil will reach $ 10 a barrel and gasoline will become cheaper than water

Experts: Oil will reach $ 10 a barrel and gasoline will become cheaper than water

Published on: 15/01/2016, 11:37

Experts - Oil will reach 10 a barrel and gasoline will become cheaper than waterSky Press / follow-up

With the significant decline in world oil prices Experts predicted that the price of a barrel up to $ 10 only, while others occur

About the possibility that the fuel becomes less expensive than bottled water if oil prices continued to decline at this pace.

Oil prices have fallen by 30% since early December / December 2015, with the price of Brent crude fell to $ 30 toward -oa

Astrlinaa- 20 pounds per barrel early in the second week of January 2016.

For their part, experts in the oil to the newspaper “Mirror” British anticipate the possibility of falling prices for most of it, where warned Standard

Chartered possibility of the arrival of the price per barrel to $ 10 (less than 7 pounds Sterling).

According to the British Royal Automobile Club, this may lead to the arrival of liters of fuel price to 86 pence, as long as the pound

Away from sterling to fall against the dollar.

In December / December, lowering the price of gasoline fuel traders to less than one pound a liter for the first time since

In 2009, while diesel was dealt with in the same manner during the past week.

The average gasoline prices across the United Kingdom 102.5 pence per liter, while the average diesel prices up to

103.2 pence.

Simon Williams, a spokesman for the Royal Automobile Club, said “There are no expectations of any imminent increase in oil prices, and can

Awaited car owners a tremendous decline in fuel prices in Britain during 2016 “.

“In fact, it could get to time have its price per liter of fuel less than the price of a liter of bottled water.”

Because of the continuing declines in the global price of oil demanded the organization of the need to reduce car diesel prices even further.

Williams added, “We should see a drop a few pennies in the price of diesel, so that the average price is lower than the average price

benzene”.

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