MARKETS

S&P Global increases oil price assumption

S&P GLOBAL’S new report on the oil price in the Asia Pacific – Asia-Pacific Oil And Gas Companies: Will High Oil Prices Go To Their Heads? – has raised its oil price assumption for the next two years.

S&P Global increases oil price assumption

"We now assume Brent to average US$65/bbl for the rest of 2018 and $60/bbl for 2019, up from US$60/bbl and US$55/bbl, respectively," it said.    "We maintain our long-term oil price assumption at US$55/bbl." ...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

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.

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.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.