Post Tagged with: "Brent forecast"

Source: Reuters

UBS raises Brent forecasts, sees undersupplied oil market

Reuters

UBS raised its forecasts on Thursday for the price of Brent crude this year, citing expectations of an undersupplied oil market as demand starts to pick up on the back of a recovering global economy.

“Supply is being curbed …

June 18, 2020 - 2:00 pm — Capital Markets, Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
Source: Reuters

Morgan Stanley sees tighter oil market, raises Brent forecast

Reuters

Morgan Stanley on Tuesday raised its year-end Brent price forecast to $40 per barrel, citing a faster-than-expected balance in global oil demand and supply as countries ease coronavirus restrictions and major producers cut supply.

 

“We expect demand to …

May 27, 2020 - 1:00 pm — Capital Markets, Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Finance, International
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