Barclays Cuts Brent Price Forecasts for 2026 and 2027

(Reuters) – Barclays on Friday cut its Brent crude price forecasts to $96 per barrel for 2026 and $85 per barrel for 2027, down from $100 and $88 respectively, after an increase in oil flows through the Strait of Hormuz. Crude prices were on course for weekly losses, as more oil tankers exited the strait, … Read more