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Sanction delays cloud Oz oil outlook: REQ

OIL and liquids exports will rise from 286,000 barrels a day now to 310,000bopd by 2023, with a commensurate price rise from A$7.7 billion in 2020-21 to $10.9 billion 2021-22 and $10.1 billion the following year.

Sanction delays cloud Oz oil outlook: REQ

The higher figures represent a strong oil price outlook for this year and next made by the Office of the Chief Economist's June Resources and Energy Quarterly. Today's REQ sees oil sticking at above...

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