The French oil giant, Total, offers its revision on the Brent oil-price outlook for the next years, given the slump in early 2020. Key quotes “New profile is for Brent price at $35 per barrel in 2020, $40 in 2021, $50 in 2022 and $60 in 2023. The drop in investments in the oil sector since 2015 would result in insufficient global production capacities by 2025 and a rebound in prices. Beyond 2030, given technological developments, particularly in the transportation sector, Total anticipates oil demand will have reached its peak and Brent prices should tend toward the long-term price of $50 per barrel.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ASX 200 Index takes its cues from Wall Street post dovish Fed FX Street 3 years The French oil giant, Total, offers its revision on the Brent oil-price outlook for the next years, given the slump in early 2020. Key quotes “New profile is for Brent price at $35 per barrel in 2020, $40 in 2021, $50 in 2022 and $60 in 2023. The drop in investments in the oil sector since 2015 would result in insufficient global production capacities by 2025 and a rebound in prices. Beyond 2030, given technological developments, particularly in the transportation sector, Total anticipates oil demand will have reached its peak and Brent prices should tend toward the long-term price of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
