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Brent crude to average $46.2 in 2020: MUFGBrent crude is expected to reach $44.1 per barrel (/b) towards the end of the third quarter (Q3) of 2020 and $48.7/b in Q4, a report said, noting that Brent is forecasted to average $46.2/b for 2020 as a whole. For 2021, the avera More… |
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Brent crude oil price forecasted to hit $80 in 2019Bank of America Merrill Lynch (BofAML) has lifted its average Brent crude oil price forecast for 2019 from $75 per barrel (/bbl) to $80/bbl compared to a Cal19 forward of $75, BofAML said in a report. “Note that our pr More… |
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Brent to average $70 in 2018: BofAMLWhile Brent crude oil price forecast for 2018 remains at $70 per barrel (/bbl), it is expected to touch $90/bbl in the second quarter of 2019 due to a tight balance throughout next year, said the Bank of America Merrill Lynch (BofAML) in a new r More… |
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Oil prices to average $50-$70 till 2023: BofAMLBrent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper. This forecast range co More… |
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Oil prices to average $50-$70 till 2023: BofAMLBrent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper. This forecast range co More… |
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Brent could average at $64 in 2018: reportThe expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in More… |
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Brent could average at $64 in 2018: reportThe expected drop in OECD inventories suggests that oil prices will likely be higher in 2018 than originally seen and Brent crude oil price is projected to reach $64 per barrel (/bbl) this year, said the Bank of America Merrill Lynch (BofAML) in More… |
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Oil to average $50 to $70 through 2022: reportBrent crude oil prices will average $50 to $70 per barrel (/bbl) through 2022, according to an annual medium-term supply/demand analysis conducted by Bank of America Merrill Lynch (BofAML). While global oil consumption has expande More… |
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Oil prices dip on profit-taking after two-week rallyOil prices edged away from five-week highs on Tuesday, with traders cashing in on a 16-per cent rally since early August that has largely been fuelled by talk of producers taking action to prop up the market. International Brent c More… |
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Oil prices dip on profit-taking after two-week rallyOil prices edged away from five-week highs on Tuesday, with traders cashing in on a 16-per cent rally since early August that has largely been fuelled by talk of producers taking action to prop up the market. International Brent c More… |
