- Brent Oil set to trade at $85 by year-end – Commerzbank
Notícias do Mercado
14 julho 2023
Brent Oil set to trade at $85 by year-end – Commerzbank
The price of a barrel of Brent Oil has been trading below $80 since the beginning of May but has recently approached this level again after an interim drop in June to $72. Economists at Commerzbank analyze Oil outlook.
Oil price set to rise due to tighter market
Demand concerns still stand in the way of a stronger price increase. For example, the economic recovery in China has noticeably lost momentum. Rising interest rates in the USA and Europe are likely to curb Oil demand there.
We have lowered our price forecast for a barrel of Brent Oil at the end of the year to $85. However, we are sticking to the expected price recovery.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal