Hi Folks,
I have recently been quite interested in the oil market, and I was wondering what do you all think about the IMF predictions.
It seems like they are really bearish on oil in the short term as well as the long term.
Here is the article - https://oilprice.com/Energy/Energy-General/IMF-Expect-Oil-To-Fall-Below-60.html
The International Monetary Fund dampened optimism about oil prices by forecasting the average for Brent at a little over US$58.24 a barrel next year, down from this year’s projected US$62.31. And things only get worse from there, with the IMF expects oil prices to drop to US$53.6 a barrel by 2023 as global economic growth slows down.
Submitted April 18, 2018 at 05:27PM by LesbianSparrow https://ift.tt/2vqlJdq
