UBS RAISES END OF MARCH 2027 BRENT CRUDE OIL FORECAST TO $85/BBL

April 13 (Reuters) - UBS on Monday raised its Brent oil price forecasts for the remaining quarters of 2026 and first quarter of 2027 as flows through the Strait of Hormuz continue to be restricted.

It raised its Brent forecast to $100 a barrel by the end of June 2026, $95 by the end of September and $90 by the end of December. It also expects Brent to trade at $85 a barrel by the end of March 2027.


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