UBS Raises Brent Forecast to $110 by End-2026
UBS has raised its Brent crude price forecast for the second time this month, now expecting $110 per barrel by the end of 2026, up from a previous $100. The bank also increased its 2027 price curve by $5 at each point, citing uncertainty around Gulf oil flows that remain below prewar levels.
Original · OilPrice.com AI summary of public reporting
Why: Gulf flows below prewar levels → UBS lifts Brent forecast to $110
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At publication → CurrentBRENTOIL111.67 → 111.47−0.2%