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Barclays raised its 2020 Brent crude price forecast to $75/b

 Last Update: 2022-12-28
 Source: Internet
 Author: User

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Barclays, a British multinational investment banking and financial services firm, said in its latest oil report that its price forecast for Brent crude in 2020 will be raised to $75 a barrel from $
55 per barrel.

Barclays is bullish on oil prices over the next few years and has raised its forecast price of $70 per barrel in 2025 to $80
.

Barclays said oil prices stabilized in the medium term, forecasting prices between $68 and $81 in 2020 and between $69 and $85 in 2025
.

crude

Barclays is bullish on oil prices over the next few years and has raised its forecast price of $70 per barrel in 2025 to $80
.

Barclays said oil prices stabilized in the medium term, forecasting prices between $68 and $81 in 2020 and between $69 and $85 in 2025
.

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