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ANZ Bank: Easing tensions in the Middle East may cause Brent crude oil to fall to $90-$95; escalation of conflict could push prices above $120

ANZ Bank: Easing tensions in the Middle East may cause Brent crude oil to fall to $90-$95; escalation of conflict could push prices above $120

智通财经智通财经2026/10/29 23:26
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ANZ Bank: If a credible diplomatic breakthrough is achieved in the Middle East and shipping conditions improve significantly, Brent crude oil prices may fall back to around $90–95 per barrel. If the conflict escalates significantly, oil prices may risk rising above $120 per barrel.
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