China Legal Blog
Aggregated China Law Information
How electric vehicles will affect oil prices
Aggregated Source: ChinaLegalBlog.com

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

BofA Securities commodity strategist Javier Blanch published his short and mid-term forecasts for global oil prices,

“Coupled with limited US shale supply growth and OPEC’s tight grip on the market, we now expect the reopening of China to result in Brent crude oil prices averaging $88/bbl in 2023, down from $100/bbl prior, and $90/bbl in 2024.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

Original URL: Click here to visit original article