Oil price path in 2026-2027 may be higher than forecasted in July — Bank of Russia

🇷🇺 TASS (RU) —
Oil price path in 2026-2027 may be higher than forecasted in July — Bank of Russia

AI Summary

The Bank of Russia says oil prices in 2026–2027 may be higher than projected in its July forecast. It attributes the change to the Middle East situation not normalizing on the timeline previously assumed.

The assumption regarding the normalization timeline for the situation in the Middle East embedded in the July forecast did not materialize, the regulator noted

World Markets Commodities Energy oil prices Bank of Russia forecast Middle East geopolitical risk

Read original source →