EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Wall Street Banks Raise Oil Price Forecasts as Supply Fears Deepen
In simple terms
Brent Crude oil prices are set to end the year at about $105 per barrel, bank ANZ said on Friday as it hiked its projection by $10 a barrel on the assumption that Middle East oil exports, shipping availability, and fuel supplies will remain constrained through December.
Earlier coverage
Earlier coverage on GreyNews
- High Oil Prices Set to Trigger New Wave of North Sea MergersOct 30, 2026 · OilPrice
- Houthis Claim Fresh Strikes on Saudi Oil Refineries and Aramco FacilitiesOct 30, 2026 · OilPrice
- Oil Prices Head for Fourth Monthly Gain as Middle East Tensions EscalateOct 30, 2026 · OilPrice
- Gabon oil rig disaster: Three bodies found, two still missingOct 29, 2026 · Africa News
- Oil prices decline after diplomatic push in Iran warOct 29, 2026 · The National
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