Brent and WTI: Is $100 oil just Around the corner?#Brent and #WTI prices are steadily climbing, now reaching $73.30 and $71.15 per barrel. The market is showing strong signs of an upward trend, similar to what we saw in 2021–2022. With global demand picking up and increased interest from major market participants, analysts believe prices could soon push past the $100 mark — especially amid ongoing global tensions and rising consumption.
Standard Chartered forecasts Brent reaching $95 by December 2025, while some outlooks go even higher. What’s fueling this potential rally? Top 5 reasons oil may surge in the coming months:
Global instability : Tensions in the Middle East and unrest in key producers like Venezuela and Nigeria raise concerns about supply disruptions. Any flare-ups could push prices to $90, $95 — or beyond.
Economic recovery : Asia and developing economies are bouncing back fast. With industrial activity rising, so does energy demand — including for oil.
OPEC+ tight supply policy : OPEC+ is likely to maintain production cuts to support prices and keep the market balanced.
Low reserves, limited expansion : Stockpiles remain tight, and exploration has lagged in recent years. If demand spikes, producers may struggle to scale output quickly.
Aviation and petrochemicals rebound : Global air traffic and plastic manufacturing are growing, increasing demand for jet fuel and oil-based feedstocks.
Together, these factors create a strong setup for upward momentum in Brent and WTI prices. According to FreshForex analysts , the current levels could mark the beginning of a new growth cycle.
