Bank of America lifts 2026 Brent forecast to $95
Bank of America raised its 2026 Brent crude forecast from $83 to $95 and warned oil prices could rise above $150 if inventories keep depleting amid the Iran war.
Bank of America has raised its Brent crude forecast for 2026 to $95 a barrel from $83 a barrel. The bank said oil prices could climb to upward of $150 a barrel if inventories keep depleting as the war in Iran continues.