Oil & Gas Sector - Lowering 2024F oil price, raising 2025F forecast
  • 09 Oct 2024
  • Sector Reports
We lower our average 2024F Brent oil price assumption by 3.6% to USD80/bbl. YTD to October 3, the average Brent oil price was USD82/bbl, slightly lower than our previous 2024F forecast of USD83/bbl. However, we anticipate subdued oil prices in Q4, driven