Barclays raises its 2026 Brent crude forecast to $100
Barclays raised its 2026 Brent crude forecast to $100 per barrel on Strait of Hormuz disruptions. Prices could reach $110 if tensions persist through May.
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BARCLAYS PLC raised its 2026 Brent Crude Oil price forecast to $100 per barrel on Friday evening. The bank previously projected $85, citing a 6.6 million barrel per day market deficit as Hormuz supply flows slow. Sustained disruptions could push 2026 prices to $110, forcing investors to reprice energy exposure for the next two years.
