Backed up in the expectation of lower oil stocks next year in the United States and relying more on Russia and Saudi Arabia's efforts in reducing production, Goldman Sachs Bank has elevated oil barrel price estimates to 2018.
In note, the bank stated that the forecast this year of 2018 is that Brent's prices can reach us $62 the barrel, while the WT in US $57.50, the barrel. The review also reflects on the shipping tariffs that have gotten bigger, plus a difference between WTI and Brent greater than 4.50 reais the barrel.
The most robust and positive prediction shows that the market may finally be finding balance. Keep up to date on everything that happens in the oil, energy, gasoline, fuel, Petrobras, onshore and offshore markets, following the offshore Panorama. Remember, your business goes through here! Check out: www.panoramaoffshore.com.br and Www.facebook.com/panoramaoffshore.