Too many ‘ifs’ and ‘buts’ for crude

Dawn | Jul 12, 2020 at 8:58 AM
  • For Brent crude, it raised this year’s forecast by 6.5pc to $40.50 and next year’s by 3.8pc to $49.70.
  • As per Bloomberg, Deloitte sees Brent Crude prices averaging $39 a barrel in 2020, but rising to average $46.50 next year and $64 per barrel in 2023.
  • For the years 2020-2022, Brent prices are expected to be at $40, $48, and $55 per barrel, respectively.