(Bloomberg) -- Credit Suisse Group, Switzerland's
second-biggest bank, raised its price forecast for U.S. West
Texas Intermediate and Brent grades of crude oil in the second
and third quarters.
The bank raised its estimate for West Texas Intermediate, or
WTI, to $63 a barrel from $62.50 a barrel, Credit Suisse analysts
led by Mark Flannery and Edward Westlake said in a note dated May
16. They raised estimate for Brent crude, the European benchmark,
to $66 a barrel for the same period from $60.50 a barrel.
Read more at Bloomberg Energy News
second-biggest bank, raised its price forecast for U.S. West
Texas Intermediate and Brent grades of crude oil in the second
and third quarters.
The bank raised its estimate for West Texas Intermediate, or
WTI, to $63 a barrel from $62.50 a barrel, Credit Suisse analysts
led by Mark Flannery and Edward Westlake said in a note dated May
16. They raised estimate for Brent crude, the European benchmark,
to $66 a barrel for the same period from $60.50 a barrel.
Read more at Bloomberg Energy News
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