Almaty.17 April. 7kun.kz — Fitch Ratings forecasts that the barrel of Brent oil will cost an average of $ 52.5 in 2017
The agency also considered what oil prices will allow oil-producing countries to balance state budgets. According to analysts of the agency, cost for Kazakhstan is $ 72 per barrel. In Russia, this mark is $ 74 per barrel, in Azerbaijan and Iraq — $ 66 per barrel.
The least needed to adjust the budget will be Kuwait — $ 45 per barrel — and Bahrain — $ 51 per barrel. The worst situation for Nigeria is $ 139 per barrel. Saudi Arabia will need a price of $ 75 per barrel. Also, convenient rates were calculated for Angola ($ 84), Oman ($ 82), Gabon ($ 71), Abu Dhabi and the United Arab Emirates ($ 61), Congo ($ 60), Qatar ($ 52).
«Fiscal reforms and exchange rate adjustments generally support budget improvement compared to 2015, but do not completely solve the problem,» the agency noted. Meanwhile, at 10:27 Astana time, the price of Brent was $ 55.45 per barrel.