IMF Changes Oil Price Forecast for 2013 Upward By $2.89

Oil and Gas Investing

Platts reported that the International Monetary Fund (IMF) has revised its price forecast for the year upward by $2.89 to $102.60 a barrel.

Platts reported that the International Monetary Fund (IMF) has revised its price forecast for the year upward by $2.89 to $102.60 a barrel.

As quoted in the market news:

In its latest World Economic Outlook, released Tuesday, the IMF said oil prices remained “an important source of downside risk, in view of elevated geopolitical tensions.

Click here to read the full Platts report.

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