Exxon changes forecast for oil prices

Exxon changes forecast for oil prices Exxon Mobil has downgraded its overall oil price forecast for the next decade, Report says, citing the WSJ.
Energy
November 26, 2020 17:37
Exxon changes forecast for oil prices

Exxon Mobil has downgraded its overall oil price forecast for the next decade, Report says, citing the WSJ.

As part of internal financial planning, predictions for each of the next seven years have been reduced by 11-17 percent.

In June this year, BP Plc reduced oil and gas prices for 2021-2050 and announced that Brent crude would be sold for $ 55 during that period. In July, Eni lowered its 2023 forecast for Brent oil from $ 70 to $ 60.

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