FITCH SEES OIL OUTLOOK IMPROVING ON HIGHER PRICES Fitch Ratings revised the global oil and gas sector outlook to “improving,” citing higher prices. It expects Brent crude to hold at $100–110/bbl in June–July amid Hormuz disruption, before easing to around $70 by September. Fitch assumes a rapid rebound in production after reopening, noting no material damage to oil infrastructure.(*Walter Bloomberg)