Oil prices expected to average $74 per barrel in 2022 – World Bank report

Guyana and the rest of the countries in the Latin America and Caribbean grouping projected growth

A new report from the World Bank is projecting that based on the current trends and effects of the pandemic, global energy prices are expected to be significantly higher than last year.

The Global Economic Prospects report indicated that energy prices surged in the second half of 2021 and are currently projected to be much higher in 2022 than previously expected