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WTI likely to average $69 in 2019: reportWTI is expected to average $63 per barrel (/b) in 2019, said the Global Outlook for H1 2019 by Indosuez Wealth Management, the global wealth management division of Crédit Agricole. UAE &ldquo More… |
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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 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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Barclays hikes oil price forecast to $75 by 2020Barclays, 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 More… |
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Barclays hikes oil price forecast to $75 by 2020Barclays, 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 More… |
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IMF hikes Saudi Arabia’s 2018 growth forecastThe International Monetary Fund (IMF) has raised Saudi Arabia’s 2018 growth forecast to 1.9 per cent as against 1.7 per cent projected earlier on account of higher oil output amid firm crude oil prices and structural reforms, said a new re More… |
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Upside price risks seen in oil during Q4: BarclaysUS policymakers will likely play a more outsized role in guiding global oil prices than in recent memory, said Barclays, a British multinational investment bank and financial services company, highlighting that it flags the possibility of signif 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 under pressure as Saudi, Russia may up outputBrent crude oil prices have come down in recent days from the highs of $80 per barrel (/bbl) posted on May 17 on news that Russia and Saudi Arabia may be looking to up production, said the Bank of America Merrill Lynch (BofAML) in a new report. More… |
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Trump’s Iran deal pullout could hit more than just oilUS President Donald Trump’s decision to pull out of the Iranian nuclear deal could have much larger widespread implications than only an increase in the oil price, said a leading London-based market analyst. His decision wou More… |
