JPM forecast Brent oil to $86 at the end of 2023JP Morgan on oil, expecting the price to rise. JPM pointing to inventories beginning to draw down as a key factor now at the amrgin.
- see Brent higher, in the $80s, during the July - September quarter
- see Brent finishing the year at $86
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Overnight re n production ICYMI:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: JPM forecast Brent oil to $86 at the end of 2023 (https://www.forexlive.com/news/jpm-forecast-brent-oil-to-86-at-the-end-of-2023-20230713/)
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