Khaleej Times | Oil to average $56 per barrel in 2018 Khaleej Times Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilising US shale oil production, while the surge in metals prices is expected to level ... Oil prices to reach $56 a barrel next year, World Bank says |