Can Brent Crude Oil Price Stay Above $50 By Year End? MUFG Oil Analysts Disagree

[adrotate group=”3″] The recent surge in crude oil price has many starting to believe that the black gold may have turned a corner this year. 2020 has been a rough year as the coronavirus pandemic blew away demand and consigned sellers to stare at their overflowing oil vats in disbelief. But the announcement of potential coronavirus vaccines by Pfizer/BioNTech and Moderna Inc seems to have turned the tide. However, MUFG Oil analysts are not very optimistic that Brent crude will…

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