Analysts project significant oil price fluctuations

The oil price will likely hover between USD 50-65 per barrel for the last three months of the year, projects Global Risk Management in a new quarterly analysis.

BY OLE ANDERSEN, SHIPPINGWATCH

The oil price is climbing in the last three months of the year with significant fluctuations, as the price of a barrel of North Sea brent crude will likely hover in the range of USD 50-65 per barrel, projects oil analyst Global Risk Management.

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