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UBS Sees Brent Crude Oil Price To Reach $68/bbl in Coming Months

ReutersMay 5, 2025 7:13 AM

- UBS:

  • SEES BRENT CRUDE OIL PRICE RECOVER TO $68/BBL IN THE COMING MONTHS DESPITE NEAR-TERM PRESSURE

  • ANTICIPATES A FURTHER SEASONAL INCREASE IN GLOBAL OIL DEMAND IN THE COMING MONTHS AMID THE DRIVING SEASON IN THE U.S. AND THE RISING TEMPERATURES IN THE MIDDLE EAST

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