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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… |
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Oil firms on hopes of producer action to back pricesOil prices edged up early on Monday and have risen more than 10 per cent since the start of the month as speculation intensifies about potential producer action to support prices in an oversupplied market. International Brent crud More… |
