OCBC raises Brent forecast to $100 by end-2026
OCBC strategists raised their Brent forecasts to USD100/bbl at end-2026 and USD85/bbl at end-2027, citing months of Middle East disruption that eroded market buffers, depleted inventories, stretched logistics and persistent supply risks despite recovering Gulf exports.
Original · FXStreet AI summary of public reporting
Why: Middle East disruptions deplete inventories → higher Brent trajectory
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At publication → CurrentBRENTOIL108.43 → 108.67+0.2%