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 increased from 39.8K to 65.6K
5 December
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 544 to 549
5 December
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 407 to 413
5 December
United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator has increased from 3.36M to 3.37M
4 December
United States. OPEC Crude oil Production Saudi Arabia (Barrel). The value of the indicator has increased from 9.9M to 9.95M
4 December
Top news
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
Today at 3:30 AM
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
5 December
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
5 December
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
5 December
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
4 December
All news

Forecasts

Tesla Inc sell
Period: 16.12.2025 Expectation: 2400 pips
Selling Tesla shares amid correction from local high
TA Other FA Other Technical analysis Indicators Fundamental analysis
Today at 10:08 AM 8
Lyra_Moonwell1
AUDUSD buy
Period: 19.12.2025 Expectation: 600 pips
AUDUSD on track to retest its 2025 high
Chart analysis Hot news Indicators
Today at 08:41 AM 11
Tom_Kern
BTCUSD sell
Period: 16.12.2025 Expectation: 4900 pips
Selling BTCUSD amid expectations of Fed hawkish comments
FA Other Technical analysis Hot news Indicators Fundamental analysis
Today at 06:37 AM 10
Emily_Foster
Gold buy
Period: 15.12.2025 Expectation: 16000 pips
Gold needs to cool off ahead of its next leg up
FA Other Technical analysis Chart analysis Indicators Fundamental analysis
Yesterday at 10:26 AM 89
Lyra_Moonwell1
Silver buy
Period: 19.12.2025 Expectation: 1000 pips
Silver poised to consolidate above $59 following correction
FA Other Chart analysis Indicators
Yesterday at 09:52 AM 41
Tom_Kern
S&P 500 sell
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Yesterday at 06:27 AM 36
Emily_Foster
Go to forecasts