Oil prices likely to continue to rise, but slowly
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Oil prices likely to continue to rise, but slowly

The rebound in the price of Brent over the last two weeks supports our view that oil prices will gradually climb back to around $70 per barrel over the medium term helped on their way by further evidence of reductions in investment. However, we do not expect prices to shoot back to $100 anytime soon. 

 

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Energy Data Response

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