Changes to our wider global macroeconomic and market forecasts have prompted us to re-assess the outlook for oil prices. We now expect slower growth in global demand and rising US production to return the oil market to a comfortable surplus by end-2019, which will prompt a renewed fall in the price.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services