The Story
News Summary
- OPEC cut its 2026 global oil demand forecast from 580,000 to 380,000 barrels per day, citing demand destruction from elevated fuel prices.
- Although WTI and Brent breached $100 per barrel amid US-Iran tensions, reduced consumption forecasts signal medium-term demand headwinds.
Explore BRENT price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.