IHS Markit says outlook for crude oil prices strengthens through 2021
Green Car Congress
AUGUST 7, 2020
Meanwhile, the global demand recovery is showing clear signs of plateauing and Chinese crude buying has begun to soften. Barring a large second wave of COVID-19 cases driving widespread economic shutdowns, IHS Markit expects Brent will stay within a $40-$47/bbl price band on average over the next four quarters.
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