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8 Dec 2015
Brent to average USD 55/barrel in 2016 – Fitch
FXStreet (Mumbai) - The ratings agency Fitch sees Brent crude average around USD 55/barrel in 2016 and USD 65/barrel in 2017.
In its latest outlook the ratings agency says, “low oil prices will continue to weigh on the sovereign credit profiles of major exporters in 2016, vulnerability varies, but the impact could be felt through negative sovereign rating actions.”
In its latest outlook the ratings agency says, “low oil prices will continue to weigh on the sovereign credit profiles of major exporters in 2016, vulnerability varies, but the impact could be felt through negative sovereign rating actions.”