The price of a barrel of Brent Oil rose to a good $90 at the beginning of September. Strategists at Commerzbank analyze Oil’s outlook. Limited upside
The price of a barrel of Brent Oil rose to a good $90 at the beginning of September. Strategists at Commerzbank analyze Oil’sThe Oil market should be significantly undersupplied in the second half of the year and inventories should continue to fall appreciably in the coming months.
We see only limited upside potential for the price of Crude Oil in the short term and a price level of $85 per barrel at the end of the year.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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