ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd ...Middle East

Brent crude prices will remain above $90 per barrel through the end of this year as the war continues to cut off supply from the Middle East, analysts at Australia-based bank ANZ said on Tuesday. The bank raised its 2026 estimate from previous expectations of Brent averaging closer to $80 per barrel, amid mounting supply losses and increasingly distorted supply-demand balances. "The oil market no longer needs a worst-case escalation to justify higher pricing levels," the analysts at ANZ wrote in a research note carried by Reuters. The tightening…

Hence then, the article about anz raises brent forecast to 90 as hormuz blockade removes 10 million bpd was published today ( Tuesday 14/04/2026 - 03:40 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd )

Also on site :

• CAMTEK ANNOUNCES ACQUISITION OF VISUAL LAYER TO DEEPEN ITS VISUAL AI CAPABILITIES IN ITS INSPECTION AND METROLOGY OFFERING
• Omio launches in ChatGPT, bringing its real-time multimodal travel search to 900 million users
• Who’s in charge at the Fed after May 15? A new fight may be brewing.