Sentences with phrase «recent oil price forecasts»

A few keystrokes on a Bloomberg terminal will get you a list of 24 recent oil price forecasts from institutional experts.

Not exact matches

I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.

The recent drop in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild recession for Alberta this year and a sluggish recovery next year after forecasting in June that the province would avoid such an economic decline.

Although much of the recent drop in oil prices has been due to the prospect of higher exports from Iran in the coming months (the International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude prices should logically pass quite quickly.

«I made a forecast of oil at $ 200 based on what the price would be if the economy continued to grow,» he explained in a recent interview.

Oil prices have already dropped to around $ 80 a barrel and, according to a recent forecast by Goldman Sachs, could average only $ 75 by the second half of next year.

Headline inflation is lower than forecast, largely because of the recent fall in oil prices.

Barclays also revised down its forecasts for oil prices on Wednesday, in its second substantial revision in recent months.