Bilal’s Macroscope: Oil to $120?
- By Bilal Hafeez
- 4 min read
No one is expecting much in oil markets in 2023. The consensus of analysts is for (Brent) oil prices to the end the year unchanged from current levels. A year ago, they were expecting a 17% drop – oil ended up surging to $120 in the first half of 2022.
No one is expecting much in oil markets in 2023. The consensus of analysts is for (Brent) oil prices to the end the year unchanged from current levels. A year ago, they were expecting a 17% drop – oil ended up surging to $120 in the first half of 2022.
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