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Brent Crude Seen at Average of $85 a Barrel Next Year

Brent is forecast to rise to an annual average of $85 a barrel in 2024, according to BMI, adding it expected a sharp slowdown in developed economies in the first half which will put prices under heavy pressure; while in the second half, as global growth passes its nadir, sentiment will strengthen, positioning Brent for healthy gains.
Israel General Red Sea Djibouti General Oil Falls On Uncertainties Around Uncertainties Around Middle East
Source: wsj.com

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