NAB forecasts $50 oil prices by December

ECONOMISTS at National Australia Bank predict Brent will return to around US$50 a barrel by September – December.

NAB forecasts $50 oil prices by December NAB forecasts $50 oil prices by December NAB forecasts $50 oil prices by December NAB forecasts $50 oil prices by December NAB forecasts $50 oil prices by December

NAB chief economist Alan Oster

In the latest NAB Minerals and Energy Outlook released today, chief economist Alan Oster, senior economist Gerard Burg and economist John Sharma said they expect oil prices to rise despite the weak

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.