Barclays 2021 oil price forecasts for Brent, WTI ($53 and $50 /bbl respectively)

Barclays looking at the roll-out of vaccines as a turning point to boost demand

  • could lead to a sustainable recovery for the economy
The note also adds, on the supply side, that the Bank expects OPEC+ to delay the increase in of production targets by three months.
(OPEC meet later in November, the 30th and also on December 1)
Barclays info via Reuters