Crude oil experts see Brent in the low-to-mid $60s/bbl in 2020

摘要

NEW YORK (ICIS)--Two crude oil experts with decades of experience in the industry are forecasting Brent prices averaging in the low-to-mid $60s/bbl in 2020 on plentiful supply and a tepid demand environment and with less risk of prolonged spikes from geopolitical events. The experts - the head of the energy team at a macro research firm, and the head of commodities research at a major investment bank - opined on oil prices at an event at the Consulate General of Canada in New York but did not want to be named on record.