UBS Sees $110 Brent by Year-End as Gulf Flows Stay Below Prewar Levels

UBS raises Brent outlook, sees oil at $110/bbl by end-2026

UBS Sees $110 Brent by Year-End as Gulf Flows Stay Below Prewar Levels

UBS has raised its Brent forecast for the second time this month and now expects crude to trade at $110 a barrel at the end of 2026, up from 100. The Swiss bank also lifted its 2027 curve by $5 a barrel at each point, to $95 for March, $90 for June and $85 for September. “Uncertainty around our forecasts remains elevated, reflecting the unpredictable nature of the Middle East conflict, and the pace of recovery in Gulf production and global oil d…

UBS Predicts Brent Crude Price To Hit $110 In Revised Forecast

Swiss Bank, UBS has said that Brent Crude could hit its year-end forecast of $110 per barrel from $100. The bank cited continued Middle East supply disruptions, rising transportation costs, and uncertainty surrounding the recovery of global petroleum inventories to arrive at its prediction. The revised outlook suggests oil prices could remain elevated even as […]

UBS Forecasts Brent Crude Price To Hit $110 As Middle East Supply Risks Sustains

  Yemisi Izuora       Swiss Bank, UBS has raised its year-end Brent crude oil price forecast to $110 per barrel from $100, citing continued Middle East supply disruptions, rising transportation costs, and uncertainty surrounding the recovery of global petroleum inventories.   The revised outlook suggests oil prices could remain elevated even as production [...]

UBS raises Brent forecast to $110 as Middle East supply risks persist

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Brent oil outlook lifted to $110 as global inventories fall, tanker costs surge

UBS has raised its year-end forecast for Brent crude oil to $110 per barrel from $100 as persistent Middle East supply risks, falling global inventories and record shipping costs keep the oil market tight despite a recovery in Gulf crude flows. The Swiss bank also lifted its Brent forecasts for 2027, raising its March estimate […]