Features of pricing policy in foreign oil trade

The article discusses the factors that affect the price of oil. The relevance of the topic is that various disasters, excessive oil production, as well as the pandemic associated with the spread of the COVID-19 virus, have a great impact on the price of oil. Also, the article considers the dynamics of prices of various brands of oil. The current opinions of experts on what will happen to oil prices in the near future are considered. The results are summarized on how each of the factors affects the situation with oil prices in 2019 and 2020, and what prospects they will have in 2021.