Barclays lowered the WTI oil price estimate to $37.

Home / Barclays / Barclays lowered the WTI oil price estimate to $37. FORECAST

Barclay’s analyst Thomas Driscoll keeps his bearish outlook for oil prices, despite rumors about possible cooperation between Russia and OPEC. He significantly lowered the crude oil price estimate for 2016. Barclays now expects 37 USD/bbl for WTI Crude in 2016 and 70 USD/bbl for 2017.

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