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- Cautious production policy from the OPEC+ group next year is expected to keep oil prices above $70, with Brent Crude expected to average $75.33 a barrel in 2022, the monthly Reuters poll showed on Tuesday.
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Jun 26, 2022 · The international oil benchmark should average $102 per barrel in 2022 and 2023, BofA said. But it could drop to $75 in a recession or spike to $150 if European sanctions hit Russian supplies.
- Phil Rosen
Jan 4, 2023 · High crude oil prices led to lower U.S. gasoline demand as gasoline prices rose. Meanwhile, severe COVID-19 containment measures in China contributed to lower global petroleum demand. On December 8, the price of Brent crude oil reached the lowest 2022 price, at $75/b.
Nov 30, 2021 · Cautious production policy from the OPEC+ group next year is expected to keep oil prices above $70, with Brent Crude expected to average $75.33 a barrel in 2022, the monthly Reuters poll showed...
Jun 21, 2021 · BofA sees the Brent price averaging as much as $75 a barrel in 2022, up from a previous forecast of $60 per barrel. BofA Global Research expects the global oil market to continue to be...
Nov 28, 2022 · Analysts expect oil prices to increase next year. JPMorgan predicts Brent will average $90 per barrel in 2023. Morgan Stanley expects the return of much higher prices mid-year, after China...
Jun 21, 2021 · BofA sees the Brent price averaging as much as $75 a barrel in 2022, up from a previous forecast of $60 per barrel. BofA Global Research expects the global oil market to continue to be...
Jun 21, 2021 · BofA Global Research raised its Brent crude price forecasts for this year and next, saying that tighter oil supply and demand balances in 2022 could push oil briefly to $100 per barrel.
