Barclays maintains oil price forecasts despite rising risks

Barclays kept its 2026 Brent crude forecast unchanged at $100/bbl, citing resilient global oil demand.

Barclays maintained its oil price forecasts for this year unchanged despite rising market risks, saying demand remains broadly resilient.

 

In a note released on Friday, the bank kept its average Brent crude forecast for 2026 at $100 per barrel, according to Reuters.

 

Barclays added that any weakness in oil demand tied to industrial end-use consumption would likely rebound strongly if supply conditions normalize quickly.

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