US crude oil price to average $53.52 per barrel in 2017

Author: Mike Paterson | Category: News

So say the results of latest Reuters poll 2 June

  • vs $57.24 in prev poll in April
  • 2018 $57.24 vs $59.23 prev
  • Brent crude ave price $55.57 in 2017 vs $57.04 prev
  • 2018 $59.63 vs $61.46 prev

34 economists polled

Reduced expectations (weakest of 2017 so far) but still seems very toppish to me.

I bet there's a few traders who would love to see prices up there again.

Currently $47.14 and $49.33

                                                     WTI Daily

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