Oil prices are unlikely to jump too much this year despite the OPEC+ production cuts as the economic and oil demand recovery are set to pick up steam only in the fourth quarter, a monthly Reuters poll of analysts showed on Tuesday. Still, the 45 economists and analysts in the survey raised their oil price forecasts from last month’s projections, expecting a relatively modest recovery in demand in Q3 and a stronger rebound toward the end of the year and in 2021. The experts see WTI Crude averaging $36.10 per barrel in 2020, up from the previous projection of $32.78 a barrel . Brent Crude is expected to average $40.41 per barrel this year compared to last month’s forecast of $37.58 a barrel. Early on Tuesday at 8:10 a.m. EDT, Brent Crude was down 1.7 percent at $41.03, and WTI Crude traded down 1.69 percent at $39.07, dragged down […]