(Bloomberg) -- BNP Paribas SA, France's largest bank
by market value, raised its forecasts for crude oil this year
because of lower U.S. gasoline stockpiles and geopolitical risks
that could disrupt supplies.
The bank raised its forecast for West Texas Intermediate,
the benchmark crude traded in New York, to $69.30 a barrel in
the third quarter, up from an earlier estimate of $56.70.
Read more at Bloomberg Energy News
by market value, raised its forecasts for crude oil this year
because of lower U.S. gasoline stockpiles and geopolitical risks
that could disrupt supplies.
The bank raised its forecast for West Texas Intermediate,
the benchmark crude traded in New York, to $69.30 a barrel in
the third quarter, up from an earlier estimate of $56.70.
Read more at Bloomberg Energy News
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