Brent Oil to hover around $125 by June – UBS Oil Brent RussianFederation Banks
Disrupted Russian exports will likely, with a delay, trigger production shut-ins
“With Russian oil exports and production in the process of being disrupted, we are lifting our Brent crude forecasts to $125/bbl for June, $115/bbl for September, and $105/bbl for December and March 2023 .”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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