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Rabo Bank Cuts Brent Forecast

Rabo Bank lowers Q3 Brent forecast to $79/BBL from $103 and Q4 2026 to $78/BBL from $90

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Expects Brent FY 2027 Average At $74.50/bbl and FY 2028 at $71/BB Expects WTI At $75.50 for Q3 2026 and $74 for Q4 Lowered WTI 2027 Forecasts To $70/BBL and 2028 forecasts to $66.50/BBL