Saturday, July 4, 2026
UBS cuts 2026-27 oil price forecasts as Hormuz flows recover- oil and gas 360

UBS cuts 2026-27 oil price forecasts as Hormuz flows recover

(Investing) – UBS has lowered its oil price forecasts for 2026 and 2027 amid a faster-than-expected recovery in flows through the Strait of Hormuz following an interim U.S.-Iran memorandum of understanding (MoU) signed on June 17. The bank now expects Brent to average

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