Standard Chartered raises 2026 Brent forecasts, sees asymmetric upside risk if conflict escalates
ReutersMar 3, 2026 5:27 PM
March 3 (Reuters) - Standard Chartered sees asymmetric upside risk to its forecasts if the Middle East conflict escalates further and impairs production from Iran or other regional producers.
The bank raised its first-quarter 2026 Brent forecast to $74 per barrel from $62, its second-quarter forecast to $67 from $63, and its 2026 average forecast to $70 from $63.50.
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