Barclays raises 2020 oil price outlook, expects limited downside to demand view

Capt. John

Barclays Commodities Research raised its oil price forecasts for 2020, citing limited potential downside to its demand outlook. The bank raised its 2020 Brent and U.S. West Texas Intermediate (WTI) price forecasts by $2 to $43 per barrel and $39, respectively. For 2021, the bank expects Brent and...

https://www.hellenicshippingnews.com/barclays-raises-2020-oil-price-outlook-expects-limited-downside-to-demand-view/

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