DBS Group Research analysts Suvro Sarkar, Ho Pei Hwa and Jason Sum have increased their Brent crude oil price forecast for 2021 to US$55 to US$60 ($72.98 to $79.62), as oil prices have gone off on a bullish start for the year.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe