Barclays Warns of Upside Risk to Its $100 Oil Price Forecast for 2026
OilPrice.com
Read Full Article at OilPrice.com →Ad Slot — In-Article (728x90)
Risks to oil prices are firmly skewed higher amid plunging global oil inventories in the worst supply disruption in history, according to Barclays.
The investment bank on Friday kept its $100 per barrel Brent forecast for 2026, but warned that the risks are skewed to the upside as the closure of the Strait of Hormuz has been draining U. S. and global inventories to multi-year lows.
This is a summary. For the full story, read the original article at OilPrice.com.
Original source: OilPrice.com