Oil managed a gain on Wednesday. An update on DB's forecasts.
Deutsche Bank
- cut its 2023 outlook for Brent crude oil by 1.5% to US$81.3/bbl
- and cut its 2024 Brent price forecast by 8.3%, to US$82.5/bbl
Update:
Oil managed a gain on Wednesday. An update on DB's forecasts.
Deutsche Bank
Update:
Most Popular
Healthcare stocks surge 22% in 6 months! MYGN trades at 192x P/E, CAH at 20.8x, MRK at 17.5x. Watch for competition.
Kospi hits 5,000! AI chip demand & tariff relief boost stocks. Traders eye tech valuations.
Kospi hits 5000 on AI chip demand, up 94% YTD! Valuations still cheap vs. peers, potential for 6000.
Toto surges 11% on AI chip demand boost; electrostatic chucks drive 42% profit growth, analysts upgrade.
German Chancellor Merz: I welcome Trump's remarks on Wednesday
Goldman Sachs hikes gold forecast 10%+ to $5,400/oz on sticky private demand & central bank buys. Upside risks loom.
Semiconductor stocks surge on AI hype! Samsung hits ATH, Disco jumps 17%. Valuations high, but AI capex demand is tightening supply.
Must Read