Friday 29 March 2024
 
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Price forecast

S&P cuts its 2019-20 Brent/WTI price forecast

S&P Global Ratings has lowered its average annual price assumptions for Brent and West Texas Intermediate (WTI) crude oil for 2019 by $10 per barrel (bbl) to $55/bbl and $50/bbl respectively, and for 2020 by $5/bbl to $55/bbl and $50/bbl.

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