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Essentials Daily Insights

Higher Output Needed To Constrain Oil Prices

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BCA Research’s Commodity & Energy Strategy service expects Brent prices to average $80/bbl in 2022 and $81/bbl in 2023. Their forecast is contingent on the core OPEC 2.0 member states ex-Russia – KSA, Iraq, the UAE and Kuwait – increasing production by an…

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