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BofA lifts Brent forecast for 2H 2026 amid prolonged tensions

Bank of America raised its Brent crude oil price forecast for the second half of 2026, citing prolonged Middle East geopolitical tensions through year-end as its base-case scenario.

BOFA

Bank of America raised its Brent crude oil price forecast for the second half of 2026, saying prolonged geopolitical tensions through the end of the year are now its base-case scenario.