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2020

When Oil Prices Resume: Bank of America Forecast

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Baku/24.08.20/ Turan: Bank of America expects that Brent crude oil prices will resume to $ 60 per barrel in the first half of next year due to a decrease in world reserves and prices, which are growing faster than previously expected. It is reported by Oilprice.com."Back in June, we increased our forecasts for oil prices by $ 5 per barrel. And they argued that Brent will average $ 43 in 2020 and $ 50 in 2021, "said Bank of America analysts.Since then, however, oil futures have ...



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