A Reuters poll forecasts Brent crude averaging $85.22 in 2026 due to Middle East supply disruptions. Demand growth is expected to fall while OPEC+ may pause output increases amid persistent geopolitic
Oil prices surged roughly 21% this month as US-Iran tensions strained supply, with WTI near $84 and Brent around $89 per barrel. The IMF warns the Middle East oil shock risks tipping the global econom
Crude oil prices rose amid fears over Middle East supply disruptions following US-Iran strikes and a Saudi Aramco helicopter crash at the world's largest oil port. Brent crude hit $72.35/barrel while
Citigroup economist Andrew Hollenhorst predicts Fed rate cuts due to easing oil prices and weak labor markets, citing a shift to deflationary pressure as Brent crude drops below $80 per barrel.
Goldman Sachs raised its fourth-quarter oil price forecasts to $90 for Brent and $83 for WTI amid reports of significant Middle East supply disruptions. Analysts warn of tightening markets and potenti
The National Institute of Economic and Social Research warns the UK economy faces a £35bn hit and recession risk due to the Iran war driving up energy costs and oil prices. Downgraded growth forecasts
Goldman Sachs raised its Q4 2026 Brent and WTI oil price forecasts by $6 per barrel to $60 and $56, citing lower-than-expected OECD inventory levels while maintaining a global supply surplus projectio
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