Reuters Poll: Bankers See Steady Rise In Oil Prices ...Middle East

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Reuters Poll: Bankers See Steady Rise In Oil Prices
source : OILPRICE ( Middle East ) () 9
Brent crude will average $59.07 per barrel this year, according to a Reuters survey of analysts. This is up from last month’s consensus on an average of $54.47 a barrel, reflecting growing optimism about the immediate future of the world’s most traded commodity. “Travel and leisure activity look set to catch up to buoyant manufacturing activity due to the mix of stimulus, confidence, vaccines, and more targeted pandemic measures,” one of the survey respondents, Norbert Ruecker from Swiss Julius Baer, told Reuters. The combination…

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