# Brent’s $100 Forecast May Understate the Risk of a Tighter Oil Market | Investing.com AU

> Barclays kept its $100 Brent forecast for 2026 and said price risks are skewed higher due to the Strait of Hormuz closure. Goldman Sachs reported global oil inventories drawing at a record 8.7 million barrels per day since early May.

- Date: 2026-05-22 · published 2026-05-22T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19433-brent-s-100-forecast-may-understate-the-risk-of-a-tighter-oil-market-investing
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Record inventory draws point to a tightening physical market that supports crude and energy-linked input costs. This raises the cost floor for fertilizer, freight and biofuel feedstocks used across feed supply chains.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-01-30 | [Crude oil prices today: WTI, Brent rise after IMF forecast](https://feedsoft.ai/events/32274-crude-oil-prices-today-wti-brent-rise-after-imf-forecast.md) | -5.5% | +0.1% |
| BRENT | 2026-03-17 | [USD/THB: BofA raises Thailand baht forecast on oil shock, tourism weakness By Investing.com](https://feedsoft.ai/events/20444-usd-thb-bofa-raises-thailand-baht-forecast-on-oil-shock-tourism-weakness-by.md) | +1.2% | +5.4% |
| BRENT | 2025-08-25 | [The Commodities Feed: Jerome Powell Provides a Boost to Most Markets \| Investing.com](https://feedsoft.ai/events/23251-the-commodities-feed-jerome-powell-provides-a-boost-to-most-markets-investing.md) | -0.1% | -1.7% |
| BRENT | 2024-04-09 | [Morgan Stanley lifts Q3 Brent crude oil forecast on geopolitical risk](https://feedsoft.ai/events/30899-morgan-stanley-lifts-q3-brent-crude-oil-forecast-on-geopolitical-risk.md) | -0.6% | -8.3% |
| BRENT | 2026-09-28 | [Oil Market Split Shows Why Fuel Shortages Are Outpacing Crude Supply \| Investing.com PH](https://feedsoft.ai/events/17634-oil-market-split-shows-why-fuel-shortages-are-outpacing-crude-supply-investing.md) | +7.0% | +11.2% |
| WTI | 2024-01-30 | [Crude oil prices today: WTI, Brent rise after IMF forecast](https://feedsoft.ai/events/32274-crude-oil-prices-today-wti-brent-rise-after-imf-forecast.md) | -5.2% | +3.1% |
| WTI | 2025-08-25 | [The Commodities Feed: Jerome Powell Provides a Boost to Most Markets \| Investing.com](https://feedsoft.ai/events/23251-the-commodities-feed-jerome-powell-provides-a-boost-to-most-markets-investing.md) | +0.5% | -1.7% |
| WTI | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -4.7% | -5.1% |

## Sources

- au.investing.com: https://au.investing.com/analysis/brents-100-forecast-may-understate-the-risk-of-a-tighter-oil-market-200614069

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