
March 2 (Reuters) - BERNSTEIN:
REVISES BRENT OIL PRICE ASSUMPTION TO $80/BBL FOR 2026
SAYS IN AN EXTREME CASE, OIL COULD REACH $120–150/BBL AND THE LNG SHOCK COULD BE WORSE
ESTIMATES DEMAND DESTRUCTION AT $120–140/BBL OIL, WITH MATERIAL RECESSION RISKS AT ~$150/BBL
REVISES 2026 JKM FORECAST TO $15/MMBTU