Analysts downgrade 2021 forecast for oil to $70 per barrel, predicting that coronavirus variants may cool demand recovery ...News

Russia Today - Economy
Analysts downgrade 2021 forecast for oil to $70 per barrel, predicting that coronavirus variants may cool demand recovery
source : Russia Today ( News ) () 14
Covid-19 variants, along with the slower-than-expected return of Iranian shipments, will reportedly continue affecting the global markets for crude until the end of the current year, remaining a major source of volatility. According to the monthly Reuters poll, $70 per barrel looks to be a more realistic projection for Brent Crude prices for the rest of 2021, rather than the previously predicted $80 per barrel. The survey of 38 analysts suggests Brent might hover at around $68.76 per barrel – up slightly from June’s $67.48 estimate. So far this year, the global benchmark averaged around $66.57. Also on rt.co

Hence then, the article about analysts downgrade 2021 forecast for oil to 70 per barrel predicting that coronavirus variants may cool demand recovery was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Analysts downgrade 2021 forecast for oil to $70 per barrel, predicting that coronavirus variants may cool demand recovery )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

BC.GAME goes double-track: partnering with Abu Dhabi T10 and Deccan Gladiators to deliver a digital-first cricket spectacle

before 5 hours & 10 minute

LG TO UNVEIL HOME ROBOT AT CES 2026, SHARING VISION FOR THE "ZERO LABOR HOME"

before 7 hours & 40 minute

Two Natural Gas Stocks to Watch as Demand Surges

before 8 hours & 47 minute

Cold Weather Returns and Natural Gas Prices Surge

before 10 hours & 50 minute

Bari Weiss defends held “60 Minutes” story in email to CBS News staff

before 11 hour & 49 minute

The Critical Failure Point in Modern High-Efficiency Solar Cells

before 12 hour & 50 minute

The 12 Crucial Shifts That Will Define AI in 2026

before 14 hour & 44 minute

Les Games of the Future 2025 s'achèvent après six journées riches en action

before 15 hour & 41 minute

BOXABL Secures Key License in California as a "Commercial Modular Manufacturer" - A Major Milestone for Expansion

before 16 hour & 21 minute

Dollar on track for worst annual performance since 2017

before 16 hour & 36 minute

Russia Bombards Kyiv as Zelenskyy Warns of Christmas Strikes

before 16 hour & 52 minute

Nikkei rises, led by chip stocks

before 16 hour & 59 minute

Panda signs Miles Exchange Agreement with AlFursan, linking everyday shopping with travel rewards for the first time

before 17 hour & 59 minute

"Analytics Triage" Gains Traction as Organizations Rethink Why Data Investments Fail

before 18 hour & 26 minute

A Big End to the Year for BP

before 18 hour & 47 minute