menu search

Signs of euphoria in Brent, WTI oil forecasts - but challenges ahead to cap the price

Signs of euphoria in Brent, WTI oil forecasts - but challenges ahead to cap the price
A snippet from BMO on the revision higher for oil price projections,:expect the drumbeat of $90 or $100 predictions to pick up in the coming weeksReaching these levels, at least temporarily, is not a tall order given Crude Oil is the most intensely speculated commodity, which helps explain its high degree of price volatilitybut, analysts at the bank remain unconvinced:The price of crude oil has some solid wind in its sails, but it still has many challenges ahead. As a result, we remain comfortab... Read More
Posted: Aug 14 2023, 20:37
Author Name: forexlive
Views: 102169

Search within

Pages Search Results: