Workers at a Colgate Energy site in Texas. The IEA has forecast a deficit in oil markets during the second half. Bloomberg
Workers at a Colgate Energy site in Texas. The IEA has forecast a deficit in oil markets during the second half. Bloomberg
Brent likely to average $50 per barrel in 2021, BofA says
Lender also revised its forecast for WTI up to $47 per barrel for 2021, anticipating a tighter market for oil supply and demand
