Brent Crude Oil likely to retest $80 in the short term – Rabobank

Brent Crude Oil likely to retest $80 in the short term – Rabobank Oil Brent Gas Banks Energy

“Brent likely to retest $80 in the short term, remains rangebound between $88 and $75 with some downside risk remaining as the financial markets look to take risk off positions.”

“Henry Hub likely to restest $3.16 if $2.49 is breached in spring, otherwise see a retest of $2 and sideways prices due to muted power and heating demand.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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