Fitch Ratings maintains its 2026 Brent crude forecast at $87/bbl, saying current risks have shifted to the downside. It expects the oil market to re-enter a supply surplus from September and forecasts Brent will fall to $70/bbl in Q4 2026.

2026-08-07

Fitch Ratings maintains its 2026 Brent crude forecast at $87/bbl, saying current risks have shifted to the downside. It expects the oil market to re-enter a supply surplus from September and forecasts Brent will fall to $70/bbl in Q4 2026.