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Oil Prices Expected to Recover to Around $70 by 2020

stander
stander
in Oil, Gas and Energy News

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LONDON, March 7 (Reuters) - Oil prices are expected to rise gradually over the next five years but will remain well below the pre-crash level, according to a survey of professionals who follow the oil industry.


Brent prices are expected to climb from an average of $40 per barrel in 2016 to between $65 and $70 per barrel by the end of the decade.



http://www.downstreamtoday.com/news/article.aspx?a_id=51341


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