Oil price looks set to stay below USD 60 for a long time
The oil price will likely fluctuate between USD 50-60 the next two years. ShippingWatch has gathered projections from a series of leading analysts and stakeholders in the sector, which indicate a new price level some three years after the oil price downturn began.
BY KATRINE GRØNVALD RAUN & SØREN PICO, SHIPPINGWATCH
Three years have passed since the oil price began to slide and sent the price plunging to less than USD 30 for a barrel of North Sea Brent in 2016.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Equity funds enter North Sea with billion-dollar investments
For subscribers
.jpg&w=384&q=75){kind=logo}
