S&P Predicts Brent Crude at $87 as Demand Weakens in 2023

By Adedapo Adesanya  S&P Global analysts have predicted that the international crude benchmark, Brent crude, will average $87 per barrel for 2023, down from around a $100 billion average in 2022 as demand weakens. This is above Nigeria’s $75 per barrel benchmark contained in the 2023 budget. However, they expect demand weakness to come amid… Continue reading S&P Predicts Brent Crude at $87 as Demand Weakens in 2023