Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
28 December 2022 | Other

Danske Bank: Brent crude oil to fall to $80 by end of 2023

Brent

Economists at Danske Bank said that Brent crude oil would settle lower the following year. Oil prices may slide to $80 in the fourth quarter. 

The economists slashed their Brent oil price forecasts for 2023. They see it averaging $90 per barrel in the first half of the year. Price may drop to $80 per barrel in the fourth quarter. 

In their view, global inflation pressures have started to ease, especially in the US. Asia may still be the default market for Russian oil next year. The greenback’s rebound will make oil prices change. 

Company MarketCheese

Recommended

United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 172.6K to 161K
Today at 7:30 PM
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 425 to 429
Today at 5:03 PM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 558 to 562
Today at 5:02 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -1.604M to -2.794M
Yesterday at 4:00 PM
United States. Crude Oil Inventories. The value of the indicator has increased from -7.863M to -3.327M
Yesterday at 4:00 PM
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 3.5% to 3.8%
Yesterday at 12:31 PM
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 3.2% to 3.3%
Yesterday at 12:30 PM
United States. GDP (QoQ). The value of the indicator has decreased from 2% to 1.6%
Yesterday at 12:30 PM
European Union. Manufacturing PMI. The value of the indicator has decreased from 52.2 to 51.4
21 May
European Union. CPI (MoM). The value of the indicator remained at the same level of 1%
20 May
All news

Forecasts

AUDCAD buy
Period: 29.06.2026 Expectation: 730 pips
Invest in AUDCAD with 0.99500 target
Indicators and reports FA Other Hot news Chart analysis
Today at 11:28 AM 18
Reed_Marcus
GBPUSD buy
Period: 05.06.2026 Expectation: 1525 pips
GBPUSD may find its footing as selling storm subsides
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 11:07 AM 19
Lyra_Moonwell1
Brent sell
Period: 05.06.2026 Expectation: 700 pips
Brent crude loses ground amid looming US-Iran peace deal
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Today at 11:05 AM 14
Emily_Foster
USDCAD buy
Period: 29.06.2026 Expectation: 1650 pips
Buying USDCAD with 1.39500 in view
Indicators and reports FA Other Hot news Chart analysis
Today at 10:45 AM 11
Sinclair_John
Gold sell
Period: 28.06.2026 Expectation: 400 pips
Selling gold upon breaking below support
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 12:11 PM 95
Sinclair_John
USDJPY buy
Period: 31.08.2026 Expectation: 5000 pips
Invest in USDJPY from 155.00
TA Other FA Other
Yesterday at 11:49 AM 33
McCarthy_Raymond
Go to forecasts