DNB forecasts rising oil prices in 2019

Oil analyst at DNB Markets forecasts oil prices of approximately USD 70 in a 2019 where declining production will drag up prices.
Photo: /ritzaui/AP/Hasan Jamal
Photo: /ritzaui/AP/Hasan Jamal

The oil price took a significant dive at the end of the year while October's peak price on a barrel of Brent oil was reduced by approximately one third by Christmas, going for USD 50 per barrel.

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