UBS Lowers Brent Crude End-2025 And March 2026 Forecasts To $62/Bbl
ReutersAug 18, 2025 7:41 AM
Aug 18 (Reuters) - UBS:
EXPECTS BRENT CRUDE OIL TO STAY IN A $60-70/BBL TRADING RANGE, BUT LOWERED ITS END-2025 AND MARCH 2026 FORECASTS TO $62/BBL ON A HIGHER SUPPLY FROM SOUTH AMERICA AND RESILIENT OUTPUT FROM SANCTIONED COUNTRIES, BEFORE EXPECTS PRICES TO PICK UP TO $65/BBL BY MID-2026
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