Budget watchdog's worst case scenario for oil 'has already been reached'
6h agonow
What the source said
“Budget watchdog's worst case scenario for oil 'has already been reached”
In its predictions ahead of the Chancellor's statement this week, the Office for Budget Responsibility (OBR) forecast that oil prices would peak at $115 a barrel next year in a 'severe shock scenario'.
Read at Daily Mail – NewsReported by one source so far. It is confirmed when a second, independent source reports the same thing.