- Sees 2013 average WTI price at USD 99/bbl and 2014 at USD 112/bbl.
Analysis details (14:38)
- Yesterday, SocGen said maintains Brent forecast of USD 111/bbl in Q3, USD 109/bbl in Q4 and USD 110/bbl in 2014.
- On Monday, Goldman Sachs raised its 3-month price forecast for Brent crude to USD 110/bbl and raised its 6-month Brent forecast to USD 108/bbl. Goldman Sachs further added that Brent oil may reach USD 115/bbl in the very near term.
22 Aug 2013 - 14:35 - Energy - Source: Commerzbank
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: