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Crude Oil Prices to Hold Above $80 Through 2026: UBI Report
UBI forecasts CL prices will stabilize between $80 and $85 per barrel, warning that sustained energy costs will likely dampen growth and fuel inflation risks.
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A new report from UBI projects crude oil prices will likely hold between $80 and $85 per barrel in 2026, dismissing the possibility of a drop to $70. The analysis identifies persistent risks to global economic growth and inflationary pressures stemming from this price environment.
The report suggests that while market dynamics could shift, the baseline scenario points to prices stabilizing in the $80-85 range. A fall to $70 per barrel is considered unlikely under current forecasts.