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الاقتصادية
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الاقتصادية

2026-07-25T08:32:21.892Z

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Oil expected to close year near $100

Oil expected to close year near $100

The oil market is experiencing significant volatility following the collapse of the ceasefire agreement between the United States and Iran, which has led to renewed military tensions and increased oil price expectations. Rapidan Energy Group predicts that Brent crude will remain close to $100 per barrel until the end of the year, with the possibility of rising to $105 if uncertainty about reaching a peace agreement persists. The market is expected to remain in a deficit for another year, due to weak Chinese demand affecting inventory replenishment. Brent crude is projected to stay within the $90-$100 range until the end of 2026.

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