Reuters out with their first oil poll of the new year
The latest oil poll from Reuters has seen $4.00 – $5.50 shaved off the prior months prices.
– 2016 Brent average price is now seen at 52.52 vs 57.95 prior
It’s the 7th month on the spin that forecasts have been cut yet they still remain well above current levels. Back in May forecasts were for a 2016 average of $70.90 in Brent.