EnergyWatch

DNB on oil price: Good times in store for 2020

The price for a barrel of North Sea crude will rise ahead of 2020, predicts oil analyst at DNB Markets, Torbjørn Kjus. The analyst has lowered his estimate but is overall more positive than other industry stakeholders.

When we arrive in 2020, it might start being fun to be in the oil sector, says Torbjørn Kjus, Norwegian oil analyst with DNB Markets, in a new, comprehensive report about the development on the oil market over the next five years.

All in all, DNB has a positive outlook on the price for a barrel of North Sea crude oil ahead of 2020, although Kjus has changed his estimate for the price development, as many other analysts have done as well.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Denmark allocates additional PtX funds

Danish parliament's IPCEI agreement doesn't touch Dutch funds previously earmarked by the government for Power-to-X, says energy minister Dan Jørgensen. On the other hand, the allocated DKK 850m will not necessarily go to the common European projects.

Further reading

Related articles

Latest News

See all jobs