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S&P cuts its 2019-20 Brent/WTI price forecastS&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. More… |
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Brent to average $70 in 2019, $65 in 2020: BofAMLBrent 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 More… |
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Brent to average $70 in 2019, $65 in 2020: BofAMLBrent 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 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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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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Kuwait oil price down 3 cents to $64.72The 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 More… |
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Kuwaiti oil price down 28 centsThe 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 More… |
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Oil price to average at $55 in 2018: S&PS&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 " More… |
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Oil gains as US stockpiles decline, Opec cuts weighOil 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 More… |
