UBS Raises Brent Forecast for Late 2026
UBS raised its Brent forecasts and expects crude oil to reach a higher level by late 2026.
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UBS lifts December oil forecast on supply risks
UBS raised its December oil price forecast by $5 a barrel, citing continued inventory declines and escalating attacks in the Strait of Hormuz. It now sees Brent at $100 a barrel by year-end and WTI at $96.
U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.
Southwest launches ChatGPT flight-booking plugin
Southwest Airlines is launching a plugin in ChatGPT that lets users discover and shop for flights through OpenAI's chatbot. The carrier says the move is designed to surface its flights earlier as travel booking shifts toward chatbots.