Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
UBS raises oil price forecast for December, Brent may reach $100/barrel by the end of the year

UBS raises oil price forecast for December, Brent may reach $100/barrel by the end of the year

智通财经智通财经2026/10/07 12:21
Show original

UBS Group has raised its December crude oil price forecast by $5 per barrel, expecting Brent crude oil to reach $100 per barrel and WTI crude oil to reach $96 per barrel by the end of the year.

UBS Group: Raised the December crude oil price forecast by $5 per barrel, predicting Brent crude oil will reach $100 per barrel by year-end and WTI crude oil will reach $96 per barrel.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Spot gold breaks through $4100/ounce, down 1.53% intraday

Spot gold has just surpassed the $4,100.00/ounce mark, currently trading at $4,099.92/ounce, down 1.53% on the day; COMEX gold futures main contract is currently quoted at $4,125.70/ounce, down 1.47% on the day.

智通财经•2026/10/07 12:48

The yield on the US 10-year Treasury rose to 5.3496%, the highest level since 2002.

The US 10-year Treasury yield has risen to its highest level since 2002, reaching 5.3496%.

智通财经•2026/10/07 12:48

Spot gold drops 1.30%, COMEX gold futures fall 1.22%

Spot gold has just broken through the $4,110.00/oz level, with the latest price at $4,109.76/oz, down 1.30% on the day; COMEX gold futures main contract is now at $4,136.00/oz, down 1.22% on the day.

智通财经•2026/10/07 12:48

Spot platinum falls below $1630/oz, down 4.76% intraday

Spot platinum has just surpassed the $1,630.00/oz mark, now quoted at $1,629.70/oz, down 4.76% on the day; Nymex platinum futures’ main contract is currently quoted at $1,636.20/oz, down 4.28% on the day.

智通财经•2026/10/07 12:48
Spot platinum falls below $1630/oz, down 4.76% intraday