Wednesday 12 December 2018
 
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Brent

Brent to average $70 in 2019, $65 in 2020: BofAML

Brent and WTI are projected to average $70 per barrel (/bbl) and $59/bbl respectively in 2019, helped by an Opec+ cut and global oil demand growth of 1.3 million barrels per day (b/d), said the Bank of America Merrill Lynch (BofAML) in a new rep

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Brent to average $70 in 2019, $65 in 2020: BofAML

Brent and WTI are projected to average $70 per barrel (/bbl) and $59/bbl respectively in 2019, helped by an Opec+ cut and global oil demand growth of 1.3 million barrels per day (b/d), said the Bank of America Merrill Lynch (BofAML) in a new rep

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What if oil goes to $100?

Brent is expected to peak at $95 per barrel (/bbl) by the end of Q2 2019, said the Bank of America Merrill Lynch (BofAML), citing a forecast by Francisco Blanch and team and analysing the impact on  global growth of an even larger and more

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Barclays hikes oil price forecast to $75 by 2020

Barclays, a British multinational investment bank and financial services company, has revised its Brent price forecast for 2020 markedly upward from $55 to $75 per barrel, it said in its latest Oil Special Report. Barclays remains

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Barclays hikes oil price forecast to $75 by 2020

Barclays, a British multinational investment bank and financial services company, has revised its Brent price forecast for 2020 markedly upward from $55 to $75 per barrel, it said in its latest Oil Special Report. Barclays remains

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Kuwait oil price down 3 cents to $64.72

The price of Kuwaiti oil went down three cents to reach $64.72 per barrel on Friday after it was at $64.75 per barrel the day before, the Kuwait Petroleum Corporation said on Saturday. According to the

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Kuwaiti oil price down 28 cents

The price of Kuwaiti crude oil went down 28 cents and settled at $59.81 per barrel, compared to $60.09 per barrel since last Thursday, said Kuwait Petroleum Corporation, KPC, on Saturday. According to

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Oil price to average at $55 in 2018: S&P

S&P Global Ratings has raised its price assumptions for Brent crude oil to $55 for 2018, while West Texas Intermediate (WTI) and Henry Hub natural gas assumptions remain unchanged for 2018 and 2019. In an article titled "

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Oil gains as US stockpiles decline, Opec cuts weigh

Oil extended gains on Thursday as signs of declining US stockpiles and ongoing supply cuts led by Opec pointed to healthy demand while investors weighed potential disruptions to supply because of global geopolitical tensions. Futu

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Brent likely to average $50 this year: report

A Bank of America (BofA) Merrill Lynch research study has cut the average Brent forecasts to $50 this year and $52 per barrel (/bbl) next year, from $54 and $56/bbl before. By increasing output in 4Q16 ahead of the cuts in 2017, O

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