Research Director at the Institute for Energy and Finance Alexey Belogoryev pointed out that, according to the Q2 data, the global oil market remains in a slightly undersupplied state MOSCOW, May 6. /TASS/. The price of Brent crude is unlikely to drop to $50 per barrel in the near term due to the OPEC+ decision to increase oil production by an additional 411,000 barrels per day (bpd) in June. However, a sustained decline to that level may be possible by the end of 2025, Research Director at the