Brent Crude continues to trade above USD 70 a barrel mark supported by Saudi talk of extending output cuts into 2019. In an interview with CNBC-TV18, David Lennox of Fat Prophets shared his views and outlook on the same.

We are not looking at short-term, the end of the year price for Brent is between USD 74 per barrel and USD 84 per barrel, he added.

We would expect to see more modest increase in the Brent price over the course of 2018, said Lennox.

First Published:Mar 26, 2018 5:06 AM IST