ICYMI – HSBC have boosted its Brent oil forecasts higher for 2023 an 2024

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HSBC raised its forecast for Brent oil
prices in 2023 and 2024</p><ul><li>forecast is $90/bbl in Q4 2023 </li><li>forecast is $82.50 for the 2024 year, that's up $7.50</li></ul><p>Citing:</p><ul><li>Oil demand from China will continue to support the price</li><li>Saudi supply cuts will remain unit Q2 2024</li></ul>

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