SINGAPORE (July 13): With signs that oil supply and demand are moving into balance as the world emerges from the COVID-19 pandemic, Pictet Wealth Management has revised upward its year-end price target for Brent oil.

This comes ahead of an expected OPEC+ meeting this week, at which the group may announce plans to start reducing historic production cuts. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

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


  • 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