MARKETS

S&P Global increases oil price assumption

Report notes 'evolving' Australian regulatory risk and increased M&A activity

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." ...

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