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Oil Expected Above $100 a Barrel by the End of 2022: BI
Posted
July 27, 2022
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6,825
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July 27, 2022
6,825
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6:10Now PlayingBrent will be above $100 a barrel at the end of 2022, based on 77% of the 163 respondents of Bloomberg Intelligence's June survey, while about 50% think it will have exceeded $120. China's reopening, constrained supply amid OPEC+ shortfalls, low inventories and the exhaustion of spare capacity are all supportive of the oil-price outlook in 2H.
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