Barclays predicts Brent crude at $93/bbl in 2024, dismiss worries on oil demand

<p>An ICYMI on oil forecasts from Barclays.</p><p>
Analysts assess the fair value estimate for Brent crude in 2024 at US$93/bbl and forward
curve is at $80/bbl</p><p>Citing:</p><ul><li>oil markets
have likely gone too far in worrying about demand and OPEC+ cohesion</li><li>oil demand not
falling off a cliff</li><li>arguments about new target levels for African
producers do not pose an existential threat to OPEC+</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.