The World Bank reported about increasing of oil prices in 2017

The representative of the World Bank published the forecasts concerning oil prices for the next year. Experts believe that the price of a barrel of black gold will fluctuate within 53-55 dollars. They attribute it to the production limitation  that was initiated by OPEC countries. It is also probably that coal and natural gas will rise in price on more than 24 percent, while in June was expected increasing on 22 percent.