$100 oil? Analysts share their price forecasts after a strong rally in the first half of 2021
PUBLISHED FRI, JUL 2 20211:43 AM EDTUPDATED FRI, JUL 2 20213:02 AM EDT
Analysts on Wall Street believe there is potential for crude markets to climb even higher in the coming months, although not everyone is convinced that's the case.
It comes as all three of the world's main forecasting agencies — OPEC, the International Energy Agency and the U.S. Energy Information Administration — expect a demand-led recovery to pick up speed in the second half of 2021.
Martijn Rats, chief oil analyst at Morgan Stanley, said crude markets were effectively searching for the price of oil that would start to destroy demand growth.
Increase buy enery maybe good idea
Added more Vde yesterday