OIL & GAS

Oil prices poised for volatility amid Russian output risks, Deutsche Bank warns

IEA trims global demand outlook but expects growth to pick up on lower prices and economic recovery

Staff Writer

Oil prices poised for volatility amid Russian output risks, Deutsche Bank warns

Credits: Shutterstock.

Deutsche Bank has flagged the potential for Brent crude prices to climb to $87-$90 per barrel if Russian oil production is curtailed by 1 million barrels per day (mmb/d) between the second and fourth quarters...

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