Price forecasts are narrow, but possible outcomes are wide as always

Weak start of the year before disruptions and geopolitical risks kicked right back in.

Following a weak start on the first day of the year, Brent crude rebounded 3. 1% yesterday to USD 78.

25/b.

Today it has gained another 0.

7% to USD 78.

8/b.

The rebound in the oil price came on the back of disruption risks for.