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Elevated oil prices are the new normal; $120/bbl possible, say analysts

For the first time since the US-Iran war started in February 2026, S&P Global Energy does not project West Asian crude oil production to return to prewar levels by the end of 2027

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Business StandardCenter·1h ago
Elevated oil prices are the new normal; $120/bbl possible, say analysts
For the first time since the US-Iran war started in February 2026, S&P Global Energy does not project West Asian crude oil production to return to prewar levels by the end of 2027
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Elevated oil prices are the new normal; $120/bbl possible, say analysts

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Elevated oil prices are the new normal; $120/bbl possible, say analysts

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