KUALA LUMPUR, Nov 2 (Bernama) -- Brent crude oil is now forecast to reach US$100 per barrel by end-2026, up from the previous projection of US$85, while the end-2027 forecast has been raised to US$85 per barrel from US$75, OCBC Group Research said.
Brent Forecast Raised To US$100 Per Barrel By End-2026 -- OCBC
Brent Forecast Raised To US$100 Per Barrel By End-
BE Bernama 
Key takeaways
OCBC Research raised its Brent crude oil forecast to US$100 per barrel by end-2026, citing persistent supply constraints and complex shipping logistics. The bank simultaneously lowered its gold price projections, citing defensive market sentiment driven by Federal Reserve interest rate uncertainty.
- Brent crude forecast increased to US$100 per barrel by end-2026 and US$85 by end-2027.
- Gold price forecasts were lowered to US$4,250 per ounce by end-2026 and US$4,710 by end-2027.
- Fed rate uncertainty and elevated oil prices are cited as key risks for gold prices.
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