# Oil to hold above $80 a barrel as Middle East supply risks persist | MarketScreener

> A Reuters poll of 31 economists and analysts forecast Brent averaging $85.08 a barrel and US crude $80.20 in 2026, broadly unchanged from July. Analysts expect global oil demand to shrink by 1 to 1.6 million barrels per day this year, with China's imports sharply lower.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/18066-oil-to-hold-above-80-a-barrel-as-middle-east-supply-risks-persist-marketscreener
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Forecasters expect prices to stay above $80 because Gulf shipping disruption constrains supply, while weak Chinese demand caps the upside. This keeps energy costs elevated for feed production and transport.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-09-10 | [South African rand slips as dollar, oil outweigh mixed economic data \| MarketScreener Hong Kong](https://feedsoft.ai/events/17770-south-african-rand-slips-as-dollar-oil-outweigh-mixed-economic-data.md) | +8.4% | +8.4% |
| BRENT | 2026-05-19 | [Euro Near One-Month Low Amid Middle East Risks](https://feedsoft.ai/events/19475-euro-near-one-month-low-amid-middle-east-risks.md) | -11.6% | -30.3% |
| BRENT | 2026-04-01 | [Oil shock from Middle East war pushes investors to shun Asian currencies: Reuters poll](https://feedsoft.ai/events/20387-oil-shock-from-middle-east-war-pushes-investors-to-shun-asian-currencies.md) | -12.2% | -1.1% |
| BRENT | 2021-10-15 | [Oil prices rise to three-year high on back of supply deficit forecasts](https://feedsoft.ai/events/44716-oil-prices-rise-to-three-year-high-on-back-of-supply-deficit-forecasts.md) | +0.8% | -0.9% |
| BRENT | 2026-04-30 | [Rupee hits fresh low past 95/$ as oil surge pushes bond yields above 7% \| Markets News - Business Standard](https://feedsoft.ai/events/20011-rupee-hits-fresh-low-past-95-as-oil-surge-pushes-bond-yields-above-7-markets.md) | -15.3% | -21.9% |
| WTI | 2026-07-31 | [Canadian Dollar retreats as USD recovers on Fed, Middle East risks](https://feedsoft.ai/events/18587-canadian-dollar-retreats-as-usd-recovers-on-fed-middle-east-risks.md) | -9.5% | +1.7% |
| WTI | 2026-03-24 | [Gold loses over 1% as dollar firms, Fed cut hopes fade \| MarketScreener UAE Emirates](https://feedsoft.ai/events/20075-gold-loses-over-1-as-dollar-firms-fed-cut-hopes-fade-marketscreener-uae-emirates.md) | +17.0% | +4.7% |
| WTI | 2026-09-15 | [Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 \| MarketScreener UK](https://feedsoft.ai/events/17645-dollar-inches-higher-as-10-year-treasury-yield-climbs-to-highest-since-2007.md) | -5.4% | -7.4% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/oil-to-hold-above-80-a-barrel-as-middle-east-supply-risks-persist-ce7858dcde8cf124

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.