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Title: HSBC hold their Brent oil price assumptions steady after OPEC+ meeting
Post by: forex4you on Jun 04, 2024, 06:46 am

HSBC hold their Brent oil price assumptions steady after OPEC+ meeting

The OPEC+ decision and an analyst response is here from Monday:

Goldman Sachs says the OPEC+ meeting outcome is bearish for oil

More from OPEC+: Saudi energy minister says waiting for interest rates to come down

HSBC :

Brent crude oil price assumptions remain USD82/bbl for 2024
including USD80/bbl in 2h 2024
falling to USD76.5/bbl from 2025 onwards

This article was written by Eamonn Sheridan at www.forexlive.com.

Source: HSBC hold their Brent oil price assumptions steady after OPEC+ meeting (https://www.forexlive.com/news/hsbc-hold-their-brent-oil-price-assumptions-steady-after-opec-meeting-20240603/)

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