MARKETS

NAB's big oil forecast upgrade

Confident of US$74/bbl Brent price next year

NAB-chief-economist-Alan-Oster.jpg

NAB's latest commodity forecast, released on Wednesday, upgraded oil price expectations to US$66/bbl, under US$57/bbl just a month ago. "Brent pushed US$70/bbl in early March, up around US$15/bbl from...

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