Balance Of Risks Tilts To Higher Oil Prices
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BCA Research’s Commodity & Energy Strategy service raised their average Brent forecast for 2021 to $66.50 vs. $63/bbl earlier, with 2H21 prices averaging $70/bbl. They also moved their 2022 and 2023 forecasts up slightly to $74 and $81/bbl. WTI will trade $2-…
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