November 15, 2023 13:27 GMT
EC Sees Oil at $84/b in 2023
The European commission expects Dated Brent to average $84.1/b in 2023, according to its Autumn 2023 Economic Forecast, TASS reported.
- The EC also Dated Brent to average $84.5/b in 2024.
- Prices have been revised up since the spring, when it forecast 2023 to average $96.3/b and 2024 prices to average $72.1/b.
- Regarding natural gas, the EC projects TTF to average Eur43.3/MWh for 2023 and EUR55/MWh in 2024.