
Dec 3 (Reuters) - UBS:
EXPECTS CRUDE OIL PRICES TO START RECOVERING IN THE SECOND QUARTER OF 2026
SAYS BASE CASE IS FOR BRENT TO TRADE AT AROUND $65/BBL AT MID-2026 AND $67/BBL AT THE END OF 2026
FORECASTS WEST TEXAS INTERMEDIATE (WTI) AT A $3/BBL DISCOUNT TO BRENT