Oil price path in 2026-2027 may be higher than forecasted in July — Bank of Russia
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The Bank of Russia suggests oil prices for 2026 and 2027 could be higher than previously predicted. This contradicts the forecast made in July. The regulator stated that the expected normalization of the situation in the Middle East did not happen.
The assumption regarding the normalization timeline for the situation in the Middle East embedded in the July forecast did not materialize, the regulator noted
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