Upside risk to Brent oil forecasts due to OPEC output cut - Barclays

<p>A snippet from Barclays on thier oil price forecasts.</p><ul><li>Analysts at the bank say the OPEC+ output cut was a surprise</li><li>The production cut announced implies a US5/bbl upside to their $92/bbl forecast</li></ul><p>---</p><p>Views on the impact of the cut have varied:</p><ul><li><a href="https://ift.tt/OGhR4dE" target="_blank" rel="follow" data-article-link="true">Morgan Stanley has cut its oil price forecasts - here's why</a></li><li><a href="https://ift.tt/5EOwn9m" target="_blank" rel="follow" data-article-link="true">Goldman Sachs raise their oil price forecast citing after OPEC+ output cuts</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.

from Forexlive RSS Breaking News Feed https://ift.tt/sr7DFaG