Barclays predicts Brent crude at $93/bbl in 2024, dismiss worries on oil demand ...Middle East

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Barclays predicts Brent crude at $93/bbl in 2024, dismiss worries on oil demand
source : forex live ( Middle East ) () 38
An ICYMI on oil forecasts from Barclays. Analysts assess the fair value estimate for Brent crude in 2024 at US$93/bbl and forward curve is at $80/bblCiting:oil markets have likely gone too far in worrying about demand and OPEC+ cohesionoil demand not falling off a cliffarguments about new target levels for African producers do not pose an existential threat to OPEC+ This article was written by Eamonn Sheridan at www.forexlive.com.

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