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Friday, August 28, 2026

UBS

UBS said its end-of-quarter price forecasts for Brent are $32 per barrel for 3Q20 and $43, $50 and $55 a barrel for the following three quarters. The bank’s bullish view on oil comes after Goldman Sachs also raised its price forecasts.- oil and gas 360

Oil outlook for this year and next turning brighter: UBS

May 5, 2020

Reuters UBS expects a pick-up in oil demand as virus-hit economies relax lockdowns and travel restrictions ease this month, with production to be subdued on the backdrop of current low prices and aggressive capital spending cuts by oil and gas producers. “We therefore expect the oil market to be balanced in third quarter and undersupplied in fourth quarter, and Brent

UBS hardens energy lending as 'sustainable' investments rise- oil and gas 360

UBS hardens energy lending as ‘sustainable’ investments rise

March 5, 2020

Reuters LONDON – Switzerland’s UBS (UBSG.S) said the value of its ‘sustainable’ investments rose by more than 50% to nearly $500 billion in 2019, while lending to the energy and utilities sectors fell by 40% as it tightened its rules. UBS, which has assets of more than 3.6 trillion Swiss francs ($3.76 trillion) and invests for some of the world’s

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