Oil to hold steady 2018/19 – Reuters Poll
Oil prices are viewed likely to hold steady during 2018 and 2019 as as increased output from OPEC and the U.S. is expected to offset increasing demand led by Asia and supply disruptions from Iran and elsewhere, a Reuters poll showed on Tuesday. A survey of 44 economists and analysts forecast Brent crude to average $72.87 a barrel in 2018, 29 cents higher than the $72.58 projected in the previous month’s poll and above the $71.68 average so far this year.