Bank of America raises Brent forecast for H2 2026
BofA lifted its Brent crude oil price forecast for the second half of 2026 to $95/bbl from $83/bbl, citing its base-case of prolonged Middle East supply disruptions through year-end.
Bank of America lifted its Brent crude oil price forecast for the second half of 2026 to $95 a barrel from $83, saying its base-case scenario now assumes prolonged geopolitical tensions through year-end.