I posted earlier on Goldman Sachs ratcheting a little lower its Brent crude oil projection for 2024:
Goldman Sachs were at USD80 -100.bbl but have taken this down to $70-90 as per that linked post.
Rounding up a few forecasts from other analysts for 2024:
- JPMorgan projects crude will average $83 a barrel in 2024
- Morgan Stanley sees Brent averaging $85 a barrel in 2024
- And Bank of America forecast for 2024 is an average of $90
