星球日报
星球日报|Mar 09, 2026 13:48
[Institutions: Brent Oil Prices May Rise to $135 if Middle East Conflict Persists] Odaily Planet Daily News – Janiv Shah, Vice President of Oil Markets at Rystad Energy, stated that if supply disruptions in the Middle East persist for four months, Brent crude oil prices could rise to $135 per barrel. The company predicts that in a shorter two-month crisis scenario, oil prices will rise above $110 per barrel in April, then fall back as supply normalizes, reaching around $70 per barrel by the end of the year. Under this scenario, the average oil price in 2026 would be approximately $87 per barrel. If the conflict lasts for four months, Brent oil prices will surge to about $135 per barrel in May, then fall back to around $85 per barrel by the end of the year as market supply and demand rebalances. Shah stated: 'The current focus has completely shifted to national energy security, making current oil prices a very real threat to global stability.' (Jin10)
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