The continued recovery in the price of crude oil has lifted Brent close to $50 per barrel, prompting a wave of positive headlines and upward revisions to analysts’ forecasts. However, for now we are leaving our end-2016 projections for both Brent and WTI at $45, for three main reasons.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.