- Analytics
- News and Tools
- Market News
- Fitch Ratings expects Brent crude to be about $55 in 2016 and $65 a barrel in 2017
Fitch Ratings expects Brent crude to be about $55 in 2016 and $65 a barrel in 2017
Fitch Ratings released its oil price forecasts on Tuesday. The agency expects Brent crude to be about $55 in 2016 and $65 a barrel in 2017.
Fitch noted that low prices will continue to weigh on the sovereign credit ratings of major exporters in 2016.
"Vulnerability varies but the impact could be felt through negative sovereign rating actions," the agency noted.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
