Skip to main content
EnergyUnknownHighDevelopingFeatured
7.9

UBS Raises Brent Forecast to $110 by Year-End on Gulf Supply Gaps

UBS raised its Brent forecast to $110/bbl for end-2026, citing Gulf crude flows still below prewar levels and elevated Middle East conflict uncertainty. The bank also lifted its 2027 curve by $5/bbl, reflecting persistent supply tightness. This marks the second forecast hike this month, signaling sustained upward pressure on oil prices.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works

OilPrice.com1 day agoUS, SA, AE, IRengCredibility 47%View source

Score Breakdown

Mosaic Score7.9
Model confidence0.7
Significance0.8
Source credibility0.5

Intelligence Tags

Locations

Strait of Hormuz

Entities

United StatescountryIrancountrySaudi ArabiacountryUAEcountrySwitzerlandcountry
Source

Part of a situation

Related signals

8 found