Oil prices projection 2020
This is the basis of our crude oil price forecast for 2020 and 2021! The Euro may start rising at 3 price levels. Either at current levels in which case we expect a short term rise in crude. Either after the Euro has fallen to 105 points. This is the most likely scenario. Crude will be a strong buy, and we expect a strong move higher (not a Citi is projecting that (PDF) oil costs will stabilize at $80 to $90 a barrel by the year 2020. And a recent report from Harvard's Belfer Center warns that oil prices may fall precipitously over