Oliveira’s future at Norwich City isn’t exactly certain, after what has been a difficult season so far.
The Portuguese forward has netted seven goals in 22 Championship matches for the Canaries, but has shown some signs of dissent towards manager Daniel Farke.
Bet Victor now rank Forest one of the favourites for the striker’s signature, if he does move on.
Forest are considered an 8/1 shot to land Oliveira this month, as Aitor Karanka looks to shape his squad at the City Ground.
Forest have had a quiet transfer window so far, but are expected to make additions in the coming days.
Oliveira’s last spell at Forest was a brief one, when he notched nine goals in 29 games while on loan in the 2015/16 season.
Forest are currently in 14th place in the Championship table, with their next match coming against Hull City in the FA Cup tomorrow.