Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Macquarie Slashes Brent Forecast, Sees Rapid Recovery of Flows
World News

Macquarie Slashes Brent Forecast, Sees Rapid Recovery of Flows

Macquarie Slashes Brent Forecast, Sees Rapid Recovery of Flows
Bloomberg Markets Tuesday 23 June 2026, 20:54 UTC By Will Kubzansky 1 min read
Key Points

Commodities Macquarie Slashes Brent Forecast, Sees Rapid Recovery of Flows Macquarie Group Ltd. slashed its projected oil prices for 2026 and 2027 in anticipation of a rapid return to normal flows of oil leaving the Middle East. With oil again leaving the Persian Gulf after the interim peace deal between the US and Iran, the bank sees Brent crude oil prices, the international benchmark, averaging $77 a barrel in 2026. That’s down from its last projection of $89 a barrel.

Commodities Macquarie Slashes Brent Forecast, Sees Rapid Recovery of Flows Macquarie Group Ltd. slashed its projected oil prices for 2026 and 2027 in anticipation of a rapid return to normal flows of oil leaving the Middle East. With oil again leaving the Persian Gulf after the interim peace deal between the US and Iran, the bank sees Brent crude oil prices, the international benchmark, averaging $77 a barrel in 2026. That’s down from its last projection of $89 a barrel. It also cut its 2027 average Brent price outlook to $64 a barrel from $74 a barrel.
Macquarie Slashes Brent Forecast (PERSON) Sees Rapid Recovery of Flows Commodities Macquarie Slashes (ORG) Brent Forecast (PERSON) Sees Rapid Recovery of Flows Macquarie Group Ltd. (ORG) the Middle East (LOCATION) the Persian Gulf (LOCATION) US (LOCATION) Iran (LOCATION) Brent (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

台風7号 沖縄の南の海上を進む あす以降警報級の大雨のおそれ

NHK World 6m ago

Florida man allegedly kidnapped teen girl and hid her inside a clothes dryer before she called 911

A Florida man was arrested after allegedly kidnapping a teenage girl and hiding her inside a clothes dryer at his Key Largo home, authorities said. Christopher Michael Veit, 53, faces charges including kidnapping, false imprisonment and unlawful sexual activity with a minor, according to the Monroe County Sheriff's Office. Authorities responded to a home on Miramar Drive at approximately 11:45 a.m. Sunday, after the alleged victim called 911 and reported that she was being held hostage.

Fox News 15m ago

MLB's offense has increased dramatically in recent weeks, raising questions about a 'juiced' ball

Hitting in Major League Baseball in 2026 is as hard as it's ever been. There are starting pitchers like Jacob Misiorowski, throwing 104 mph fastballs with devastating 93 mph sliders. Just 10 years ago, the average fastball velocity across the league was 93 mph.

Fox News 18m ago

'Doesn't seem right': Why Socceroos won't play for a draw against Paraguay

1 1 4 →2 1 →0 1 →3 1 →1 4 →1 6 →0 1 →0 2 →0 0 →1 3 →0 0 →1 5 →1 2 →1 0 →0 0 →4 4 →0 0 →0 2 →2 1 →3 2 →0 3 →0 3 →2 1 →2 5 →0 0 →0 0 →1 - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- - →- World Cup: Why Socceroos won't be playing for a draw against Paraguay Wed 24 Jun 2026 at 11:09am Australia goes into its final World Cup group stage game knowing a point will seal second spot in group D, and a trip to...

ABC Australia 19m ago