UBS raises 2026-27 Brent oil price forecast on supply fears
UBS raised its Brent crude price forecasts for 2026 and 2027, citing persistent Middle East supply disruptions and the fragile recovery of flows. The bank forecasts Brent at $100 per barrel in Q4 2026, up from a previous view of $80, and $91.57 as the 2026 average, compared to $83.74 previously.