UBS: Oil prices will spike 115% by the end of 2020 in a dramatic reversal of the current crisis
UBS' wealth management arm forecast that Brent crude oil prices could rise by 115% by the end of 2020.
Oil prices have been volatile in recent days due to lack of storage options, and last week US oil dropped into negative territory for the first time in history.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS Profit Jumps in First QuarterUBS Group posted a sharp rise in first-quarter net profit as clients traded more in volatile markets and credit losses were relatively contained despite economic disruption from the coronavirus crisis.
Read more »
Swiss banking giant UBS reports a 40% increase in profits, and lauds its own strength in 'turbulent times' | Markets InsiderSwiss banking giant UBS reported a strong first-quarter with net profits rising 40% compared to the same period last year, driven by high transa...
Read more »
UBS reports net income up 40% from a year ago, but warns coronavirus will lead to loan losses
Read more »
UBS Profit Jumps in First QuarterUBS Group posted a sharp rise in first-quarter net profit as clients traded more in volatile markets and credit losses were relatively contained despite economic disruption from the coronavirus crisis.
Read more »
Swiss banking giant UBS reports a 40% increase in profits, and lauds its own strength in 'turbulent times' | Markets InsiderSwiss banking giant UBS reported a strong first-quarter with net profits rising 40% compared to the same period last year, driven by high transa...
Read more »
Treasury yields inch higher as falling oil prices, lockdown easing drive sentimentU.S. government debt prices were slightly higher Tuesday morning as investors monitored another plunge in oil prices and the possibility of economies reopening following coronavirus-induced shutdowns.
Read more »