Barclays raises oil price outlook for 2020, expects limited demand drop
Barclays Commodities Research raised its oil price forecast for 2020 on Monday, citing a limited potential drop in its demand outlook. The bank has raised its 2020 Brent and West Texas Intermediate (WTI) price guidance from $ 2 to $ 43 per barrel and $ 39, respectively. For 2021, the bank expects Brent and WTI […]
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