Oil Prices Have Changed: UBS Issues a $120 Warning - Dünya Newspaper
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UBS raises to 100 dollars its forecast of the price of the Brent for the last trimester of 2026: Spain will notice it in fuels and transport. The entrance UBS raises to 100 dollars the price of the Brent: the energy bill that Spain will pay in 2026 aparece primero en Moncloa.
The bank anticipates that the Brent will be placed at US$100 per barrel in the fourth quarter of 2026, compared to about US$80 planned before
Swiss banking giant UBS has revised upward its Brent oil forecasts due to the escalating crisis and shipment disruptions in the Middle East. Raising its last quarter expectation to $100, the bank reported that in the event of new supply cuts and possible attacks, the price could exceed $120.
UBS has raised its oil price forecasts due to shipping disruptions in the Middle East. The bank increased its expectation for Brent crude in the last quarter of the year from $80 to $100, while emphasizing that the recovery in the Strait of Hormuz remains fragile. UBS, which expects oil flows to gradually normalize in the first half of 2027, believes that new attacks and supply disruptions could push the price above $120.
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