Barclays Maintains 2026 Brent Crude Forecast at $100 per Barrel

According to Barclays on May 8, the bank maintained its forecast for Brent crude oil to average $100 per barrel in 2026, with risks skewed to the upside. "Even in the most optimistic scenario, we believe oil prices may still be undervalued, as demand remains strong and inventories continue to decline rapidly," Barclays said.
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