[Barclays Maintains 2026 Brent Crude Average Price Forecast at $100, Expects Supply Deficit in Q3] BlockBeats News, June 16, Barclays stated that driven by strong cyclical demand, the global crude oil market may experience a slight supply deficit in the third quarter of 2026, marking one of the strongest demand cycles since 2022. The bank maintains its forecast of an average Brent crude price of $100 per barrel in 2026 and believes that the restoration of free navigation in the Strait of Hormuz is broadly in line with its baseline expectation of normal navigation resuming by the end of June. [Original Link]