ANZ forecast for Brent crude oil to USD95/bbl (12 month horizon) ...Middle East

ANZ comments and forecast on oil via Reuters report: "we expect OPEC’s supply policy to remain sensitive to (oil) market fundamentals""if demand fails to grow as they expect, they are likely to delay the phasing out of the group of eight’s voluntary 2.2mb/d cuts" for oil"the likelihood of (oil) prices pushing above $100/bbl for a sustained period has diminished greatly""we maintain our 12-month (oil) price target of $95/bbl""combination of improving market fundamentals, elevated geopolitical risks and a more positive economic backdrop should lift the Brent crude oil price above USD85/bbl, a level it has failed to breach over the past six weeks ""the prospect of even further tightness in the

Read More Details
Finally We wish PressBee provided you with enough information of ( ANZ forecast for Brent crude oil to USD95/bbl (12 month horizon) )

Also on site :

• Japan starts deploying Osprey fleet at a new base to beef up southwestern defense
• South Africa seeks US trade deal after Trump’s 30% citrus tariff
• Josh O’Connor Goes Full Cowboy in ‘Rebuilding’ as Director Max Walker-Silverman Takes on Life After the Fires: ‘Loss Often Comes With Love’