DNB Markets and oil analyst Torbjorn Kjus, long among the most negative considering the oil price development, changed market outlook in early January.
Now is Kjus and DNB Markets fifth total of 33 analysts when it comes to most positive outlook for oil prices.
Price Forecasts for the future are far more optimistic than many had probably expected.
– We have $ 55 for Q1, and so we have 63 dollars for Q2, says Kjus and continues;
– We believe we can see 70 or over $ 70, before the year is up, commenting Kjus.
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