Source: Reuters

Barclays: Barclays cuts 2025 Brent crude forecast on trade tensions, OPEC+ shifts

Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62/b, citing "a rocky road ahead for fundamentals" amid escalating trade tensions and OPEC+'s pivot in its production strategy.

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Annual Revenue
$10-50B
Employees
50-100K
C.S. Venkatakrishnan's photo - CEO of Barclays

CEO

C.S. Venkatakrishnan

CEO Approval Rating

66/100

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