Brent Crude Oil Prices – Forecast vs. Forwards BofA expects brent crude oil prices to average $50/bbl in 2021, reflecting a recovery in global mobility and better growth. Image: BofA Global Commodity Research
Oil Price vs. 10-Year Breakeven Inflation The collapse in the price of oil is creating a disinflationary risk. Image: Piper Sandler
Brent Oil Price Forecast for 2021 Goldman Sachs is more bullish and boosts oil forecast for 2021. Image: Goldman Sachs Global Investment Research
Valuation – Energy Sector Returns vs. Long-Term Oil Prices Is the energy sector a relative bargain? Is the energy sector a relative bargain? Goldman Sachs is still “underweight” energy stocks. Image: Goldman Sachs Global Investment Research
Oil Price vs. Global Trade Price Index Oil prices tend to drive prices for all traded goods. Image: Goldman Sachs Global Investment Research
Brent Oil Price Forecast Morgan Stanley expects only modest upside in oil prices. Image: Morgan Stanley Research
Oil Rig Counts and WTI Crude Oil Price (Leading Indicator) Oil price is impacting drilling activity. WTI crude oil price tends to lead oil rig counts by three months. Image: Nordea and Macrobond
U.S. Inflation and Oil Prices The relationship between U.S inflation and oil prices suggests that U.S. inflation could fall further. Image: Jeroen Blokland
Brent Oil Price This is the sharpest oil price sell-off on record. Image: Morgan Stanley Research
WTI Spot Oil Price and Cash Floor The chart suggests that there is a risk that oil prices move to cash costs. Image: Goldman Sachs Global Investment Research