Economists predict Brent crude oil prices may decline to around $70 per barrel, a level not seen since before recent geopolitical conflicts. This forecast hinges on the continued stability of global oil supply routes and the absence of further disruptions. The analysis suggests a potential easing of prices as supply concerns diminish. Experts believe that if supply remains consistent, the downward trend in prices could continue. The prediction does not account for unforeseen events that could impact supply, such as new conflicts or natural disasters. Currently, the market is responding to a perceived decrease in risk related to oil supply. This potential price decrease could impact oil-producing nations and global energy markets.