Barclays lowered its 2026 Brent crude oil price forecast to $96 per barrel.

Jinse Finance reported that Barclays announced cutting its 2026 Brent crude oil price forecast to $96 per barrel and its 2027 forecast to $85 per barrel. Due to the lag in supply recovery, it is expected that oil inventories will continue to decline for at least the next few weeks. (Jinshi)
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