Bank of America Merrill Lynch
- Bank of America Merrill Lynch expects the WTI grade to average around $59, helped both by demand growth and a production cut from OPEC and some of its allies
- BAML said that rising inventories had started to become a problem for OPEC and its allies and so was expecting a meaningful reduction in OPEC output
Latest updates
Recommended
© 2023 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.