Solid demand growth and strained supply to push Brent above USD 100/b
Brent crude had a strong end of the year as it traded at the highest level since 1 December.
It is a slow start to the new year due to bank holidays and Dated Brent trades close to USD 85/b. It averaged USD 99.
9/b in 2022.
We expect it to average more than USD 100/b.