ING still sees downside risks to oil, but floor is likely somewhat higher after output cuts deal

ING with a note about oil prices after the output cuts deal
"We still believe that there is downside risk to oil prices from current levels in the short-term. However, the floor for the market is likely somewhat higher, therefore we have revised higher our Brent forecast for Q2 2020 from $20 to $25 per barrel."
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