Economy

Fitch raises forecast for oil prices; seeing Brent at $100/barrel in 2022

Follow-ups -eshrag News:

Tue, 2022-03-22 08:42

RIYADH: Fitch Ratings agency raised its forecast for oil prices in 2022 and 2023 on supply risks.

The agency said on Tuesday that it now expects Brent to average $100 this year, up from $70, while WTI will trade at $95 compared to $67 in previous estimates.

 

Main category: 
Business & Economy
Tags: 
Oil
energy

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