Oil prices will likely remain at current depressed levels for months amid a price war and the fight for market share while the coronavirus outbreak batters oil demand, a Reuters poll of analysts showed on Friday. According to the 21 experts surveyed by Reuters, WTI Crude prices are set to average $30.37 a barrel in the second quarter this year and $37 for the full year. Early on Friday, WTI Crude was trading at $33 a barrel, up on the day but down by a massive 25 percent on the week for what is shaping up to be the worst week for oil prices since the financial crisis in 2008. Brent Crude prices are seen averaging $34.87 per barrel in Q2 and $39.05 in Q3, according to the Reuters poll. In Q4, Brent Crude is expected to climb to $44.08. The average Brent Crude price forecast in the latest […]