RE: Brent looking bullish21 Jun 2021 09:57
Citi raises its price expectations for hydrogen oil for the remainder of 2021. The bank now predicts that the average price of hydrogen will be $ 77 and $ 78 per barrel in the third and fourth quarters, respectively. That is an increase of 4 and 9 dollars per barrel from the previous forecast, reports Bloomberg News.
FinWire
Updated: 21 June 2021, 09:46
Published: June 21, 2021, 09:28
In the analysis, the bank also states that it is highly likely that Brent oil will reach up to $ 85 per barrel during the period before it falls back on a market balance.