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:
ICYMI - Deutsche Bank cut both its 2023 and 2024 Brent crude price forecasts
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