ICYMI – HSBC have boosted its Brent oil forecasts higher for 2023 an 2024 | Forexlive

HSBC raised its forecast for Brent oil
prices in 2023 and 2024

• forecast is $90/bbl in Q4 2023
• forecast is $82.50 for the 2024 year, that’s up $7.50

Citing:

• Oil demand from China will continue to support the price
• Saudi supply cuts will remain unit Q2 2024