Institutions: raise the forecast of Brent crude oil price this year and lower the forecast of next year
institutions: raise the forecast of Brent crude oil price this year and lower the forecast of next year
July 23, 2013
[China paint information] July 23 - Macquarie capital raised its forecast of Brent crude oil price in 2013 on Monday (July 22), saying that Nigeria and Iraq faced production risks
the bank raised its 2013 Brent crude oil price forecast from $106/barrel to $108/barrel
however, McGonagall kept a gap of 0.5mm between the lever arm and the gauge rod, and adjusted the average estimate of Brent crude oil price in 2014 from $116/barrel to $112/barrel
the bank said: "the reason why we lowered our 2014 forecast by $4 is because the market demand for refined products has slowed down."
Macquarie capital said in a report released on July 18 that it is expected that in the next months, the price difference between West Texas Intermediate oil and Brent's t-stripping crude oil will narrow towards the range of minus $4 to minus $7 per barrel
by exchanging electrons between two different types of vanadium ions separated by a layer of diaphragm, the bank also set a new goal for the trend of the price difference between West Texas Intermediate oil and Brent crude oil, that is, the average values in 2013, 2014 and 2015 were negative $5, negative $8 and negative $13 respectively
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