UBS Downgrades Brent Oil Price Forecast Amid Robust Supply and Inventory Accumulation
5 day ago / Read about 0 minute
Author:小编   

UBS has adjusted its oil price outlook downwards, anticipating Brent crude to trade at $62 per barrel by year-end, with a projected recovery to $65 by mid-2026. This revision stems from various factors, including enhanced oil production in South America, stable supply from sanctioned nations, and forecasted future inventory accumulations.