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Analysts Expect Oil Price to Average $75 Per Barrel in 2019

June 29, 2020 by

Analysts at BMI project that Brent will climb even higher in 2020, averaging $78 per barrel, before plateauing at $80 per barrel over the course of 2021 and 2022. The Bloomberg consensus forecasts that Brent will average $65 per barrel in 2020 and $67.5 per barrel in 2021.

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