Bilal’s Macroscope: Oil to $120?
- By Bilal Hafeez
- Sign-up to discuss on Slack
- 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.
Subscribe to Macro Hive Professional to read this article
and enjoy exclusive professional features such as in-depth analysis, insightful op-eds, and more.
Already have Macro Hive Professional account? Log in