Lates News

UBS lowered its forecast for Brent crude oil prices slightly. The current outlook shows that Brent oil prices are expected to fall in the next two quarters of the Northern Hemisphere winter, from $68 per barrel at the end of September to $62 by the end of the year and in March 2026. Prices are expected to rebound to $65 by mid-next year and remain near that level in the second half of 2026. Previously, the forecast was for oil prices to remain at $68 per barrel throughout the forecast period.