David Oxley
David Oxley is an economist at Capital Economics, known for his insights into global oil markets and economic trends. In a recent analysis, he highlighted the diminishing cohesion within OPEC+ and projected a significant decline in Brent crude prices, indicating the challenges faced by oil-producing nations amidst shifting market dynamics.
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Australia:
David Oxley, from Capital Economics, has pencilled in Brent crude at $US50 by late next year.
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