(EnergyAsia, June 16 2010, Wednesday) — Macquarie Research has lowered its forecast for oil prices over the next three quarters, citing the weak global economic environment. The company said it now expects Brent futures to average reach US$79 a barrel (down US$4, -5%) for the second quarter, and to trade at US$83 a barrel in…
MARKETS: Macquarie Research lower forecast Brent price to US$79 in 2Q, US$85 for 3Q and 4Q
Posted on June 15, 2010 by EnergyAsia