According to a Reuters poll (the survey of 30 economists and analysts), the respondents said that Brent crude is expected to be average $40.10 a barrel in 2016, down $2.40 from January. WTI crude is expected to be average $38.90 a barrel in 2016, down $2.10 from the January estimate.
Subdued demand is one of the reasons for the downward revision.
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