Fitch Ratings maintains its 2026 Brent crude oil price forecast at $87 per barrel, acknowledging that the risks have shifted to the downside. The oil market is expected to re-enter a supply glut starting in September. Brent crude oil prices are proj

2026-08-07

Fitch Ratings maintains its 2026 Brent crude oil price forecast at $87 per barrel, acknowledging that the risks have shifted to the downside. The oil market is expected to re-enter a supply glut starting in September. Brent crude oil prices are projected to fall to $70 per barrel in the fourth quarter of 2026.