Oil Prices Outlook: First quarter 2018

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Oil Prices Outlook for the 1st Quarter

BBVA Research

Tuesday, 3 April 2018

By Marcial Nava

Financial market volatility and concerns of raising U.S. oil production have weighed on prices through the first quarter of 2018. However, fundamentals have not changed significantly; thus, we maintain our baseline scenario. Demand will remain supportive of higher prices, but its impact will be compensated by growing non-OPEC supply.

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BBVA USA is now PNC

Oil Prices Outlook for the 1st Quarter

Oil Prices Outlook for the 1st Quarter

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