Forward curve shows Brent at $ 56 in 2023 yet some are optimistic of a tightening of the market
Jul 04: The Brent forward curve shows a price increase to around $ 56 by the year 2023 8Then again, oil demand is now growing but at a slower pace 8All hope for new demand fructifying is from emerging countries 8Even so, there the website carries here an optimistic projection of how prices will harden by around 2020 beyond what the forward curve seems to suggest Click on Reports for more