The Brent crude oil benchmark is set to exceed $80 per barrel by the end of this year, according to a new Bloomberg Intelligence oil price survey. The survey showed that the majority of respondents—53%--see Brent crude oil prices above $80 per barrel at the end of 2024. A much smaller percentage—5%--see crude oil prices exceeding $100 per barrel.
The new Bloomberg Intelligence survey also showed that nearly a quarter of respondents see peak oil demand to hit prior to 2030—that's down from 50% of those surveyed in 2022 who saw…Bloomberg Survey: Brent To Exceed $80 By Year's End
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