MARKETS

NAB's big oil forecast upgrade

ECONOMISTS at National Australia Bank have updated their energy outlook for 2021, with Brent Oil now expected to sit at an average of US$66 a barrel for the year.

 NAB-chief-economist-Alan-Oster.jpg

NAB-chief-economist-Alan-Oster.jpg

NAB's latest commodity forecast, released on Wednesday, upgraded oil price expectations to US$66/bbl, under US$57/bbl just a month ago. "Brent pushed US$70/bbl in early March, up around US$15/bbl from...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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