- Analytics
- News and Tools
- Market News
- Brent Crude Oil to end 2023 at $80 – Deutsche Bank
Brent Crude Oil to end 2023 at $80 – Deutsche Bank
Brent Crude Oil has moving back into positive territory on a YTD basis. Economists at Deutsche Bank see prices at $80 by the end of the next year.
Supply disruption to temporarily lift Brent to $100 in Q1 2023
“Our bias is to the downside in price beyond the next quarter, as we see 2023 global inventory unchanged from Q4 2022 but higher versus the 2022 average.”
“Although supply disruption temporarily lifts Brent to $100/bbl in Q1 2023, prices resume their decline to Brent $80/bbl at year end of 2023.”
© 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
