Fitch Solutions Country Risk & Industry Research has increased its Brent oil price forecasts to 2024, the company’s latest oil price outlook has revealed. According to the latest outlook, which was sent to Rigzone recently, Fitch Solutions now sees Brent averaging $42.7 per barrel in 2020, $53 per barrel in 2021, $51 per barrel in 2022, $55 per barrel in 2023 and $60 per barrel in 2024. The company’s previous oil price outlook forecasted that Brent would average $42.5 per barrel this year, $48 per barrel next year, $50 per barrel in 2022, $54 per barrel in 2023 and $58 per barrel in 2024. The Bloomberg Consensus, which Fitch Solutions is a contributor to and which was highlighted in the company’s latest outlook, forecasts that […]