Barclays cuts 2025 Brent price forecast on soft demand view
ReutersMar 14, 2025 1:18 PM
March 14 (Reuters) - Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand outlook amid elevated economic uncertainty.
"We turn neutral on oil prices relative to the curve and consensus, as we revise down our 2025 demand outlook 510 kb/d, due to soft high-frequency indicators and elevated economic uncertainty," analysts at Barclays said in a note.
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