UBS Predicts Crude Oil Prices Could Reach $105 Amid Supply Disruptions

Despite lower oil demand, UBS forecasts rising crude prices due to ongoing Strait shipping restrictions and supply disruptions. The firm attributes the recent dip in prices not to high costs but to consumer destocking.

By Arundhati Sarkar, SA News Editor · Seeking Alpha · May 22, 2026, 12:48 UTC

UBS Predicts Crude Oil Prices Could Reach $105 Amid Supply Disruptions

Topics: Brent futures crude oil shipping restrictions

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