S & p lowers forecast for oil prices in 2015 9/27/2015
S & p lowers forecast for oil prices in 2015
9/27/2015 0 Comments
S & p lowered its ratings expectations for crude oil in 2015, said the cut indicates that price recovery will take longer. S & p lowered its expectations for global measurement ore price Brent in 2015 to $ 50 from $ 55 a barrel in the previous forecast also reduced its forecast for the price of us crude in the same year to $ 45 from $ 50 a barrel. For 2016 predicts that the price of 55 dollars per barrel of Brent and WTI us $ 50. Wekhvdast more than ten major global financial institutions during the last month forecast for crude oil prices, as returned by the weak fundamental factors of the market and a slowdown in the Chinese economy.